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

Comment by garygpon Oct 07, 2014 2:45pm
188 Views
Post# 23006947

RE:RE:RE:RE:RE:Wonder Why PE promotes everything about the Project

RE:RE:RE:RE:RE:Wonder Why PE promotes everything about the ProjectWe are going to agree to disagree. MPV mgt, IMO, are a savy lot and doing a great job. They need their portion of the agreed financing soon, so they take it now to secure the financing at a good rate and terms. So to your comment, that is EXACTLY what I am saying; the financing was taken now instead of later to secure stability for the company, and "that" is good business, looking after the shareholders. It would appear by your comment, that you disagree, that you feel better terms could be achieved later. Am I correct?, if not you explain where or why I am wrong. And if I understand your last comment correctly, no, liquidity has not started to be drained from the system yet ...that happens when QE ends, and QE hasn't ended YET. When QE ends, the game is over and yes there will be a certain hell to pay in the markets and you can expect to see the stock markets take a mean hit. When QE ends, DEFLATION takes place in the markets and money will be difficult/more difficult to access. To better help you, think currency markets...if you don't understand currency markets, stock markets won't make sense either; it's like a dog chasing it's ar$e...round and round you go. I don't make the rules, I just follow them. Currency markets outstrip the stock markets by a factor of 10 on a daily basis.......FACT........Are we clear now? Gary.
Bullboard Posts