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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

Mountain Province Diamonds Inc > This puppy gonna run
View:
Post by Diamondboy123 on Apr 20, 2021 8:50pm

This puppy gonna run

I feel in my bones.  The Irish will come. Trust me. Gonna start buying like crazy if it hits 40 cent range. I drink scotch but I love the Irish.
Comment by stockpunter on Apr 20, 2021 9:03pm
totally misguided.  Think about costs, debt, reserves.  Stornaway is a good comparison.
Comment by Macloud1 on Apr 21, 2021 8:30pm
Totally agree stockpunter , we have to repay desmond 25 million US by September , and pay27, million in interest by sept. Finish paying for the winter deliveries, pay for the day to day mine operation along with our management team, They have cancelled the May diamond sale in Antwerp because of the shut down. Do you smell cash shortage. To make matters worst, in dec 2018 we borrowed 330 million we ...more  
Comment by arlekino on Apr 22, 2021 12:13am
Why you shouldn't salt a leech that's sucking your blood!!! Luk Fook’s same-store sales rose 30% in the fourth fiscal quarter amid the recovery of the Chinese economy following Covid-19 closures. Luk Fook opened a net 45 stores on the mainland during the quarter, bringing its regional total to 2,366 stores as of March 31. The jeweler believes sales will continue to rise thanks to the ...more  
Comment by stockpunter on Apr 22, 2021 10:29am
India going down again, too!  The only hope is that MPVD and DeBeers announce some JV on the MPVD properties that gives the latter some cash.
Comment by Diamondboy123 on Apr 22, 2021 1:17pm
The Irish are coming. It will not go to zero. 
Comment by ValueCat on Apr 22, 2021 3:51pm
other than avoiding zero, hard to see how outside shareholders benefit from resolution of liquidity shortfall. Best case, get bought out at newly written down book?
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