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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

Post by garygpon Oct 20, 2014 2:59pm
329 Views
Post# 23044361

Amazed.

Amazed.I am always amazed at the outright stupidity of people and their inability to at least try and understand or think outside the box if only for a moment. WhiteIrish, I understand with clarity what it is you say and yet so many want to fight what is clear and what is fact. We are in a global market, like it or not, that's the world stage. In 2008-2009, 29 trillion, that's right trillion dollars, was syphoned out of the banking system worldwide by bankers, financial institutions, governments, and the ultra wealthy, and it was taken from the MPV'ers of the world, and this is what the great unwashed, (you and me, Mom's and Pop's) so desperately need to at least try and understand. And yet so many here want to fight it, name call, and attempt to demean each other with "their" facts and opinions. The market doesn't care what we think, nor do governments. They are going to empty your pockets again in the next year or two, and you are going to standby and watch it happen. This is the set-up that is in the making right now. This is why I said sometime ago to use profits from MPV to buy physical diamonds; diamonds have never fallen in price and are the purest way to preserve wealth. If people here were real smart, may be they should approach Evan's and cut a deal for shareholders to buy diamonds at a discount to market to further protect their wealth. I say this as a possible avenue to increase your collective wealth. Standing on a ladder gazing into your neighbours back yard, isn't thinking outside the box or worldwide. What whiteirish was saying in a previous post I believe is, all markets globally are stretched. If he didn't say it, I will. This is the set-up I referred to several posts ago. Do something soon or get creamed. A disgusted Gary.
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