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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 explorer49on Mar 12, 2020 2:52pm
149 Views
Post# 30800539

RE:RE:time to rotate out of mpvd

RE:RE:time to rotate out of mpvdyou can say that again, mac. stockdown  about 17% since i got back in. bhp down about 20%, so i'm swtiching to bhp (and others) that WILL recover, unlike mpvd which is likely to continue dropping with the diamond market in antwerp now closed for business. mpvd just won't be able to sell anything for quite a while. nobody buying diamonds when they're scrambling for loo paper.
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