Mountain Province Diamonds Inc T.MPVD

Alternate Symbol(s): MPVDF

Metals & Mining Industrial Metals & Minerals

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

Mountain Province Diamonds Inc

Bullboard Posts

Comment by claymore55on Aug 04, 2018 2:38pm

89 Views

Post# 28415000

RE:Answer me this, Please

As of now I don't see dividends being more than 2%-4% of stock price. It helps some but not enough.

Buyout? Who? If it was going to happen it would have already occurred.

As of now the only thing that will drive the stock price higher is higher diamond prices, and that may be 2-5 yrs off.

Yes, this stock has proved to be a MAJOR DISAPPOINTMENT, but the only options are to sell out & move on, or tough it out until higher diamond prices arrive.

Sorry, I couldn't be more encouraging.

Bullboard Posts

They started in video game investing, now they serve high net worth traders