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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 Hideawayon Feb 07, 2019 3:46pm
134 Views
Post# 29334327

RE:Quite a Day So Far

RE:Quite a Day So FarJust looking at MPVD's chart. We peaked in mid 2016 at about $7.00 and for the past 30 months we have been on a steady downtrend. I never anticipated the $1.42 we hit today and cannot help but blame management for 75% plus of ths drop. The diamond market,granted, has had an impact but the disasterous move to buyout KDI was our biggest disaster. The sad part is that management has taken no blame for this fiasco and continue to draw their big paycheques at our expense.
The charts show no sign of a bottom but I keep thinking we can't go lower. 
If any board members can provide more hope, please post.
GLTA
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