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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 DenvCol1on Jan 02, 2018 1:21pm
229 Views
Post# 27262967

Greatest International Bullboard, Mountion Province!

Greatest International Bullboard, Mountion Province!First of all, since I was inactive on this board for 2 years, it is good to see all of you are still active on the MPV board. It is particularly good to hear from Rdgeo, Tinytot, and Brit! I did my typical 4 graveyard shits over the New Years weekend, and you guys made 3 pages of new posts! Incredible! On another note, I have been watching the Canadian Dollar/U. S. Dollar exchange rate for the last 45 years, and the lowest the Canadian Dollar has been during this time is 0.69. The Canadian Dollar is currently at 0.79, so this is probably a good time to be buying MPV for the U. S. investor, without hurting the Canadian investor. Plus, there appears to be significant opportunity to have MPV go up in price. I think practically all of the bad news has been squeezed out of MPV. If any of us came across MPV for the first time today, we would all think the stock is very undervalued! Finally, I have been doing a fair amount of research about Canadian cities, particularly the medium sized cities. I started with Lake Superior, and Thunder Bay and Sault Sainte Marie (Ontario). Thunder Bay is the largest city on Lake Superior, and the city has the largest complex of grain elevators in North America. Grain from western Canada comes into Thunder Bay by rail (CN and CP), and leaves Thunder Bay by Great Lakes freighters, to lower Canada and international markets Happy New Year! Denv.
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