Mountain Province Diamonds Inc T.MPVD

Alternate Symbol(s): MPVDF

Metals & Mining Industrial Metals & Minerals

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.

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Mountain Province Diamonds Inc

Bullboard Posts

Comment by Shnappson Mar 16, 2015 6:43pm

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Post# 23527622

RE:In a few days or hours

Gabby ! I can't take you lecturing on the obvious. Stop it please , your making me puke.
Let me help you .
Mpv announces RO. You sell the shares your rights are worth into the market.
Then you exercise your rights.
If the share price retreats to match the rights offering or there abouts and if you want to increase your stake in the company , you buy back the shares you sold.

Thats one way to play it. Most everyone here has beeen through this before and is not surprised by the behavior of the the SP.
The real question is what will the share price be post rights say, September ? I say 6 bucks.

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