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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 kimberon May 03, 2016 1:20pm
175 Views
Post# 24837469

RE:RE:TIME FOR AN UPDATE ??

RE:RE:TIME FOR AN UPDATE ??BINGO!

Blackrock (EVY HAMBRO) was served up a softball at a price in the high 2's (US)-and on this there was alignment.  MPV probably wants its share price right about here (5-5.,25)-right around the mine financing price coming into the AGM. Now, lets  not forget, MPV management loaded up on options at year end 2015 too. But I agree with you 100%-we need alignment prior to  promo and liftoff.   Its remarkable how quiet MPV management has been-even through the  mini bull market in mining stocks since January.   No promo. Not a PEEP.   A few conferences, but, nothing to write home about.   I wonder why so silent???  Its a real mystery.  Its about as real a mystery as the mystery around why the US govt, never conducts an audit of their gold reserves.  Why would they ever elevate the importance of their gold reserves by actually audting them and thereby admit that they are important?   Same goes with MPV....they (MPV management) arent going to promote this puppy until they have an incentive to promote it.  Or until their incentives are fully loaded.  They dont need the money and they're happy to continue buying cheap stock, as cheaply as possible, until they start pulling some of those big stones out the ground.  
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