Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.

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

Post by Shnappson Mar 13, 2014 5:40pm
198 Views
Post# 22320250

Wow , so much negativity

Wow , so much negativityI don't understand the complaining. A big bank buys 3 million shares in our little company. Any corporation wanting to do the scale of business MPV is contemplating needs a relationship with a big bank. The big bank is willing to pay what was market price about a month ago with no options or warrants. This looks all good to me. I don't see the negatives. We have someone other than the TIGS willing to bankroll . There is still a lot of financing required. There may be a RO coming. If the RO was priced at 5.10 I bet we would have seen a lot of complaints the price was to high. Lastly, whenever there is a financing, there is the bunch that sell the stock down to around the issue price and then jump back in the make a quick buck. Would have been at least the same with an RO. We need the money ... be happy :)
Bullboard Posts