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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 Gabrielllaon Dec 12, 2014 1:07pm
281 Views
Post# 23224558

RE:RE:RE:RE:yet another gap down opening....

RE:RE:RE:RE:yet another gap down opening....no clue what you are talking about, not suggesting anything like that...I am guessing just like everybody else. You need to get a grip. How you want to interpret things is entirely up to you. What I know exists in public domain. PE stated more than once that he expects to issue news regarding financing by year end.  Did you not read that in the press releases? Year end has not expired as of yet.  I am guessing he comes through on that.  Seems pretty reasonable to me. In the meantime the price of the stock continues to crumble, as it well should, with year end selling from whatr are 90% losers in this stock during the past two years.   If I were mgmt, I'd be waiting until as long as possible to issue any news so that these losers can sell their stock and move on and not get in the way when the stock takes a turn north.  But that is just pure speculation on my part, albeit sound reasoning for anyine who knows markets.  I'm just like you buddy, trying to interpret the tea leaves.How you choose to interpret things is all on you.
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