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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 Terrebonneon Sep 02, 2017 11:39am
192 Views
Post# 26650533

Very low volumes this week ...

Very low volumes this week ...I placed a couple of buy orders this week at 2,500+ shares each order. My orders were filled by a long, long list of 100 share sell orders. Looks like small shareholders are becoming impatient. The SP needs some support before the De Beers bid surfaces - we don't want to start the bidding at a low base. I'm confident that the De Beers bid will come, but I don't want it to come when our SP is trading less than  $5. Where is DD and his buddies? Or, have his buddies abandoned him? And, what the heck is that dodo director doing selling at $5 a couple of weeks ago and then buying back at today's SP? Remember that if he's nominated at the next AGM. This BoD really cries out for replacement.
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