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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 Shnappson Jun 17, 2014 10:56am
271 Views
Post# 22666511

RE:RE:RE:the price will definetly be lower unless huge news comes out

RE:RE:RE:the price will definetly be lower unless huge news comes outI used to trade this stock. Had a core holding and traders but its getting too close to a major move IMO. Downside is limited and upside is a two bagger for sure. There is a good possibility of much higher returns if some big rocks are found early. I believe they exist. The odds of hitting a 25.13 carat with a 24" drill are very very very very.......long. https://connection.ebscohost.com/c/articles/34457932/mountain-province-diamonds-recovers-25-13-carat-diamond

I hope it drops to 3 bucks. I have a bunch of cash I would absolutley love to put into MPV @ 3.
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