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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 hectares of claims and leases surrounding the Gahcho Kue Mine that include an indicated mineral resource for the Kelvin kimberlite and inferred mineral resources for the Faraday kimberlites. Kelvin is estimated to contain 13.62 million carats (Mct) at 8.50 million tons (Mt) at a grade of 1.60 carats/ton and a value of US$63/carat. Faraday 2 is estimated to contain 5.45Mct in 2.07Mt at a grade of 2.63 carats/ton and a value of US$140/ct. Faraday 1-3 is estimated to contain 1.90Mct to 1.87Mt at a grade of 1.04 carats/ton and a value of US$75/carat.


TSX:MPVD - Post by User

Comment by catsaftermeon Jan 14, 2014 1:53pm
201 Views
Post# 22090019

RE:Some comments about MPV

RE:Some comments about MPV"Based on what I know now, I like the name. There may be an opportunity for the company to rerate in the range of 10 to 12 times operating cash flow. That would suggest a stock price, when it’s built by 2017, in the range of $13 to $15 per share."

Classic mis-information by someone who presents as intelligent and thoughful about the play. They are the most dangereous types because they feign credibility in pursuit of their interests and their fraud is diffcult to detect for the casual observer.

The mine will be be completed in Q4 2015. Period. To say that it will be built in 2017 is self serving to those looking to pick up cheap shares.  Its a simple as that.  But the re-rating wontcome when its built-it will come after the raise!
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