Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

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 arlekinoon Feb 10, 2018 7:23pm
151 Views
Post# 27539801

RE:RE:RE:RE:Exploration - Something to remember

RE:RE:RE:RE:Exploration - Something to rememberDabard51. Put facts straight, please  You are saying ~ Yes, DD remains the largest MINORITY shareholder with about 25% of the company.   DD is a major MPVD shareholders and control 24% or more with family and friends  of MPVD. He also control 26% of KDI and will officially boost his shareholding  in MPV             without filling forms and permits from SEC. Plus recent debentures for 60 million dollars.  Also you said other interest in Canada. Mountain Province Diamonds is the main interest  here. And KDI also.... Mountain Province Diamonds  is not even close to use  Amazon or  Berkshire Hathaway approach . Warren Buffett fired David Sokol , his potential replacement for non-ethical trading  and he cares about Berkshire Hathaway shareholders, complete opposite for our lowly company. And our chairman is in direct conflict of interest . In any investment people expect return and please do not give advise about dividends , etc. De Beers are watching and their CIBC  accounts are the biggest buyers of low MPVD share price . You mention MPVD is a clear rival to De Beers in rough diamond sales. That is  the most funniest statements I  heard. Mountain Province Diamonds is in reality a holding company, who are selling rough stones and using Bonas  auction house, who has direct affiliation with De Beers. MPVD is not even try to use other marketing means to sell their fancy , high end diamonds.  The Bonas family has been at the forefront of the diamond industry since the 1870's when Henry Bonas became one of the original founding families of the London Syndicate, which marketed the original output of De Beers Consolidated Mines. A member of the Bonas family has been at the helm of this renowned diamond broking firm ever since   Cheers to Gahcho Kue, world new biggest and richest diamond mine with a grain of salt Arlekino  
Bullboard Posts