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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 dabard51on May 27, 2016 1:08pm
155 Views
Post# 24910848

RE:RE:I would like to take this opportunity

RE:RE:I would like to take this opportunityrdgeo, others, I concur, this is a most civilized board, and thanks to all who have worked mightily to keep it that way over the years.  My thanks to all who bring snippets of information from the press (and other places) for discussion and healthy arguent.

Mr. Market tells us every trading day what someone recently paid for a share of our venture, and those who hold their shares silently vote, "that's not enough for me."  I always wonder what would bring other holders to a "sell" decision.  Not just for MPV, but for any stock.

I have my own model for what I think MPV shares are worth to me, and the inputs to my model are adjustable.  If I think Mr. Market is feeling greedy, I will offer him some shares, and when he is despondent I offer to buy.  No telling Mr. Market's moods from day to day.

So cheers to all, going into the US Memorial Day weekend.
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