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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 Chattycon Nov 27, 2014 7:38pm
199 Views
Post# 23172128

RE:RE:share price

RE:RE:share price
I'm with you, Jed. There is no way in hell that anyone would waste their time at this point in tendering a bid for MPV in the $5.00 range. MPV wouldn't even look at it and the money it would cost for the supposedly buyer to tender it, would just be beyond stupid. MPV are way too far along the path to production to entertain something like that. We are about to complete the financing. People that post this stuff on here, it is a complete waste of everyone's time reading and responding to it.

Right now gold is on the back burner, oil has had the burner turned off under it and cooling rapidly, but it is diamonds on the big element at on the front of the stove with the gas turned up high and smoking!
New record per ct set November 21st 2014 for a blue diamond ($3,338,000.00) per ct. Estimated to sell for $10 to $15 million  but sold for over $32 million. Not that MPV is going to be finding 9 ct  blue vivid diamonds, but the white diamond market is well supported and bringing higher prices with guidance over the next 5 years and beyond.

MPV will however kick out a few biggy's of the white variety.
So please buggar off to those with the silly thinking MPV will ever be bought out at these $5.00 prices.
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