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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

Post by Observatoron Aug 23, 2021 1:41am
327 Views
Post# 33747121

Undervalued share or not fully informed market participiants

Undervalued share or not fully informed market participiantsGood morning to all readers.

We had a few weeks before superb Mountain Province Diamonds numbers, which made this share more and more in my point of view a buy opportunity. What is the share-price doing ? Nothing. Not impressed. 

What are the risks ? What is the fear ? New COVID-lockdowns ? The company is producing fine diamonds. 

Similar good news about MPD in the beginning of 2021 pushed the share-price up by 20 %. 

Gold, Silver, Copper and "natural" gem-stones are thousands of years old assets, which are used since them by mankind.

I do think, that mines producing these assets will by mid- to longterm the winners, because they are producing purchasing power conserving assets.

Think about. For me personally this share is absolutely undervalued under these actually very good numbers.

Have a nice day and a good time.

With best regards

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