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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 14, 2014 5:34pm
200 Views
Post# 22449914

RE:RE:RE:RE:RBC cross

RE:RE:RE:RE:RBC crossagree, it does mean something but I'm not sure anyone can know excpet for the parties involved.  There are many reasons why an account would cross shares from one account to another-tax related or otherwise.  Who knows.  But for sure it means something.  FWIW, in my empirical but unscientific observations over the many years watching MPV stock, I have noticed a tendency for the stock to fall prior to good news only to be ramped north with a small lag time thereafter.  In other words, its headfake first,  truth later.  who knows if that paradim still holds. From what I  am vaguely aware, there is some type of BOD meeting this week, after which they will make some announcement about their financing plans. Thus, some action in the stock isnt surprising IF indeed that is accurate information.  Ireally cant forsee any negative news forthcoming at this point, unless the Tuzo results are less than stellar, which I highly doubt. 
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