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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 Apr 02, 2014 8:33pm
152 Views
Post# 22403256

RE:Response to comments About News Release!

RE:Response to comments About News Release!DenV, I agree with you 100%-the stock is under accumulation by the TIGS, by third party PP participants, by you, and by me, and who knows who else. Thats really all there is to say...its UNDER ACCUMULATION. And the bigger money and INSIDERS are  accumulating at the moment at prices of btw. 5.00 and 5.10 Canadian. It may not be what some want to hear right now, but those are the facts on the ground.   You can get upset about it, but you cant do anything about it.  Now, I think that sometime soon, it probably creeeps up higher, if for no other reason than I really cant see it going down any lower. To me, the "tell" is that for this stockto be any cheaper, barring any negative news of course, like delays, etc.) it would be absurd.  So, given that, I would expect it to drift NORTH.  Fiinancing news should be coming out sometime soon....maybe in a few weeks?
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