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

Post by cigarbuttson Aug 15, 2018 9:11am
81 Views
Post# 28463342

TT I don't

TT I don't Think too too many people in the industry looked at the AngloAmerican DeBeers reported numbers for their Canadian operationsin the semiannual or annual reports and then did the math toback out SnapLake and Victor numbers to arrive at a very good estimate of what DeBeers is reporting for GK verses the 49% partner MPVDpublic co. 

In my estimation,  not the KPMG auditors have looked at this   .Not perhaps 1/2 or more of the officers/directors of MPVD have even looked at this.  I certainly don't think the audit committee of this BOD has looked at this.

You know, you had the CEO and CFO of MPVD resign in 1H 2017 before they had to certify any financials that reported these numbers,   reason being,  the revenues and costs of the mine were stillbeing capitalized as pre-production until I think it was the June 2017 Q. 

TT,  and every other shareholder of MPVD needs to look at this closely,  and draw your own conclusions about what is going on.  

I am going to pat myself on the back and say that IMO  I am the only shareholder who isn't a director or officer of MPVD who has looked at these DeBeers reported sales prices and attempted to do the reconciliation back to MPVD public disclosed accounting.   

Nobody has yet said  "thank you"  Cigar.  I have handed you all the greatest gift possible to a higher share price and a potential change of control  transaction with this BOD and you don't even realize it yet!       Look,    I only have to be half way right on these numbers in order for a dramatic reset of MPVD shareholder value higher.    UP   UP!
Bullboard Posts