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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 Wisdomwithageon Jul 07, 2019 8:15pm
366 Views
Post# 29893917

RE:RE:Tough, it is; part 2

RE:RE:Tough, it is; part 2DH, your reasoning and sensible solution speak volumes in underscoring the real problems that we face with this company. 

Face it. Anyone who hasn't realized by now the clear game rationale behind:
  1. magically maintaining the share price of a strictly spec "penny explorer", with zero proven reserves, at $3, while, over the same period
  2. coincidently, to everyone's surprise, the share price of a solid diamond producing company collapses from a realistic $7+ to, oh yes, the same $3 range, and
  3. suddenly there is the decision to merge the two "equally valued companies",
really needs to revisit the value of the education they received in Grade school.

The only people who continue to support this totally improvised deal are either:
  • KDI shareholders who thought they'd scored a home run with the merger or,
  • the losers who have, from Day 1, held onto their Board seats and the annual salaries and bonuses they grovel for  ... and of course their usual company shills who continue to post.
Well, enough said. I'll check back in another month or so, just to see what further brilliant comments the regular corporate shills are coming up with.

DH, seriously, it's a total waste your valuable time to try and reason with these types. I've placed MPV on the backburner and continue to focus on my other investments.

Cheers,

Brit



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