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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 Diamondboy123 on Oct 27, 2022 7:43pm

Regardless

Something is going well. A few months ago we were at 48 cents. We're up 50 percent on fabulous volume. Earnings are fantastic. The debt is restructuring and even at 10 or 11 percent that's not bad in today's environment.  For Pete's sake the prime rate for best borrowers with traditional banks with security is 6 percent. Plus we trimmed over 150 million in debt this year including decembers trim. Fellas pop the champagne.  Don't be so negative. Life's short.
Comment by claymore50 on Oct 27, 2022 7:58pm
And if the debt is paid off in 2 years or so, the interest rates won't really matter.
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