Post by
Power33 on Jan 27, 2021 12:30pm
Mpvd
With the diamond market improving by the day, the increase to 90 usd in last sale without the Polaris diamond, mpvd is on the rebound. The rapid improvement in the diamond market should make it much easier to refinance the bonds at end of 2022. With MPvd owning 100pc of kennady, where there is inferred and indicated resources of 21m already, and massive exploration potential in gachkue and kennady, the future looks very bright. There could be up to well over 20 years of diamonds available . With increasing demand and falling of supply of diamonds in the coming years, further rises in price of rough diamonds is inevitable. MPvd has turned a corner in my view and they could be back to five dollars cad before you know it.
Comment by
55TacoBell on Jan 27, 2021 1:20pm
the positivity is good, but last time it was 5 bucks is 4 years ago in a different world. For now, let's hope to get back to a buck before projecting it a lot higher.