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 3:14pm

89 Views

Post# 28415068

RE:RE:RE:RE:Answer me this, Please

In the early 1900's there was a saying " In the long run not even a Rockefeller can beat the forces of supply and demand." ( Or words to thst effect).

My answer is that DD can do little or nothing in the short run to make the price of MVPD rise. He can only hold the company above water until market forces favor diamonds again.

Well, okay. he could aggressively seek a buyer of MPVD. However, he would only do little more than break-even in this business environment.

Bullboard Posts

Crypto and blockchain stock ends year with a profit