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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 ValueSpotteron Apr 20, 2018 5:32pm
195 Views
Post# 27920005

RE:RE:RE:RE:MPVD ON TMX Today

RE:RE:RE:RE:MPVD ON TMX TodayGeo... I have never met you, but you seem like a nice person so I feel somewhat obligated to help you out. If you see 2.5 million shares trade in one day there is a good chance that two parties discussed a pre-arranged price and the trade occurred at that price. This pre-arranged price is usually at a discount to a previously established plateau level. So... if one were to assume that this was the case yesterday, one would also assume that once the shares traded that within short order there would be a return to the previuously established plateau level, which I am arbitrarilily setting at 3.25 - 3.30 CAD. As for Benjamin Graham, you may want to google him and read about him so that you understand why The Intelligent Investor is not like other books. It is not a quick read. VS
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