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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 Power33on Mar 04, 2022 3:57pm
258 Views
Post# 34484900

4dollars

4dollarsGuys, is everyone stupid not seeing the massive upside on mpvd. They sold 322k carats for 41.6m usd. Mpvd will probably produce 3.3m carats this year. This will give the company 410m usd. They sold 237m usd last year and repaid 25m usd in loans. This means they can repay 200m usd this year if they continue the rate per carat achieved in first two sales. Has anyone also missed the really exciting exploration program just started on kennady lands. Or also missed the massive price increase on the value per carat on the diamonds already found in kennady. Never mind that alrosa may be sanctioned. This is the best value stock today in the world in my opinion. Buckle up guys for massive appreciation in this stock. It should be 3 cad today and it is shocking Wiley investors have not spotted this already.
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