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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

Post by Wisdomwithageon Jan 29, 2017 3:14pm
321 Views
Post# 25769905

Keep Shaking That Tree !!!!!!!!!!

Keep Shaking That Tree !!!!!!!!!!Hey mates,

As a shareholder for the past 13 years now - my first block of shares being purchased at .70 - I've watched us progress from explorer to developer, and now producer.  MPV has evolved from spec to solid investment, and expect its first dividend to be declared by Q3 of 2017.  

Over that time I've added on the shakeouts (especially during early '09), and oversubscribed to every Rights Offering.  Face it!  Pessimists are always present on every Board, but if you've done your homework, you shouldn't have any concern, and they can create exceptional brief buying opportunities. 

The last 2 trading days, after reviewing the NRs, industry stats, and the technicals, I've again been a buyer, as frustrated speculators walk.  If more shares need to be shaken out this coming week, bring it on, as I'll add further.  And as far as our being taken out, my attitude is that whatever the TIGs decide, they'll have my support.  Tough to argue with success!

Blue skies ahead!!

Cheers,

Brit

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