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Bullboard - Stock Discussion Forum Mountain Province Diamonds Inc T.MPVD

Alternate Symbol(s):  MPVDF

Mountain Province Diamonds Inc. is a Canada-based diamond company. The Company’s primary asset is its 49% interest in the Gahcho Kue Mine, a Joint Venture with De Beers Canada. The Gahcho Kue Joint Venture property consists of several kimberlites that are actively being mined, developed, and explored for future development. The Company’s Kennady North Project includes approximately 113,000... see more

TSX:MPVD - Post Discussion

Mountain Province Diamonds Inc > Made roughly same dough as 2022
View:
Post by Diamondboy123 on Apr 02, 2024 5:49pm

Made roughly same dough as 2022

Absent notional impairment charge. If rough goes up (which it will) the charge will be reversed and it will appear like they made 100 million more then they did. Nothing wrong at all with these numbers. In fact there great re cutting costs and creating efficiencies that were absent in years prior. Price is an absolute steal at these levels.
Comment by explman on Apr 03, 2024 12:25pm
I think Will's commentary is balanced and spot on. If all you want is to make a bet on diamond prices there may be better companies, less debt.
Comment by Diamondboy123 on Apr 03, 2024 3:34pm
Finally we agree eman.  I posit that they go up. Let's see.