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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 Power33on Nov 08, 2022 7:56am
212 Views
Post# 35081263

RE:McLeod I agree

RE:McLeod I agreeDiamond boy, there is no dilution, bonds are restructured for another 3 and 4 years respectively. The usd to cad exhchange rate  has gone 10pc favourable in last 12 months. The company will repay 60m usd this year, despite the shocking production results. Exploration updates were brilliant. Zimbisky rough diamond index show rough diamond prices are up in last month. Us Christmas retail sales are expected to be 8 pc higher than last year. Talk of china abandoning it's zero Covid policy. These shares should be north of 3cad today. I really am interested how much cash flow was generated in q3 from financial results out after close of business tonight. 
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