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Bullboard - Stock Discussion Forum 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... see more

TSX:MPVD - Post Discussion

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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.
Comment by arlekino on Jan 27, 2021 9:38pm
Lucara Diamond Corp. has made another recovery of significance from its 100-per-cent-owned Karowe mine. A magnificent unbroken Type IIa 378-carat gem-quality-top-white diamond was recently recovered from milling of ore sourced from the M/PK(S) unit of the South lobe. This recovery is the second plus-300-carat gem-quality diamond to be recovered this year from direct milling of the M/PK(S) unit, a ...more  
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