May I remind everyone...of what Kaiser said back in Feb regarding what would happen when the PFS was released,
" I had expected Mountain Province's stock to tread water until the prefeasibility study is released, and then gap to whatever valuation the numbers suggest. Release of the prefeasibility study will clear the way for De Beers to make a formal offer for Mountain Province, which would have little chance of succeeding if less than $5, a price that is equivalent to the market's current valuation of Shore Gold's Star project. De Beers would not bother putting Gahcho Kue into production if it were worth less than $500 million, and because Mountain Province has no funding risk, there is no waiting or dilution game for De Beers to win. Just as I expect Shore Gold's $100 million financing to be the springboard for more aggressive market interest in Kensington, so I also expect it to propel Mountain Province into an uptrend."
Seems to me we can expect MPV to move to whatever the market thinks is going to happen first, a buyout or the mine. Think about it, if the PFS showed "encouraging" results, why would DB want a partner? Also, why would they want to pay more later than less now for a buyout? Considering Kaisers $5 comment, if you were in DB, would you want to buyout MPV and CFV for $5 now or wait a few years and buy them out at $20? It seems a lot of risk for DB was removed with the PFS and now the risk of takeover is a lot smaller. No need for a partner = pending buyout sooner than later!
Look for steady run up to $4.50-4.75 in the next month, imo. Not the best thing in the long run for MPV shareholders but simply risk management in practice by DB.