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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 factRbeston Oct 11, 2018 9:28am
75 Views
Post# 28779755

RE:RE:Pretend dividend now at 6.6%. eom

RE:RE:Pretend dividend now at 6.6%. eom
Advanced member
Advanced member
 
rob1237 - (10/10/2018 11:20:41 PM)
RE:Pretend dividend now at 6.6%. eom Although im not in this stock i noticed a outside reversal to the upside or hammer formation. Also there is a triple bottom $2.40. Breaking below a Triple bottom is usually an indication the stock will gap down. 

Breakout over $2.50 and then $2.70. MPvD will then need to break above $3.0 to establish an sustainable  uptrend.  A break below $2.40 will spell a major drop probably to $2.20 or more. 

 We hit $3.35 today ( i tried to buy but missed it ) but moved back to $2.50 fast and closed there. Tax loss is coming. This stock must not break below $2.40 on a closing basis or its downnn...hard. 

Wow...this stock is really a nightmare. 
I will wait for tax loss.
=============================================

You are assuming normal market forces.

The forces on this one are nothing near normal.

When you have a broker sell 100 shares.
No more trades even though the price moves up
Then sells another 100 at the previous lower price
Then again diappears.

You want to find that pattern in a chart,,,,,,,,GOOD LUCK!!!!!!!!!!!!!!!

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