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Bullboard - Stock Discussion Forum
Mountain Province Diamonds Inc
T.MPVD
Alternate Symbol(s):
MPVDF
Metals & Mining
Industrial Metals & Minerals
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...
hectares of claims and leases surrounding the Gahcho Kue Mine that include an indicated mineral resource for the Kelvin kimberlite and inferred mineral resources for the Faraday kimberlites. Kelvin is estimated to contain 13.62 million carats (Mct) at 8.50 million tons (Mt) at a grade of 1.60 carats/ton and a value of US$63/carat. Faraday 2 is estimated to contain 5.45Mct in 2.07Mt at a grade of 2.63 carats/ton and a value of US$140/ct. Faraday 1-3 is estimated to contain 1.90Mct to 1.87Mt at a grade of 1.04 carats/ton and a value of US$75/carat.
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TSX:MPVD - Post Discussion
Mountain Province Diamonds Inc
> Totally Believe in MPVD
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•••
AnnunakiGold
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Post by
AnnunakiGold
on Nov 02, 2022 4:42pm
Totally Believe in MPVD
A few more days , next quarter............bring it on. I just did a transfer of kind to a rsp....... here for the long haul.
(10)
•••
Macloud1
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Comment by
Macloud1
on Nov 04, 2022 11:04am
That is a bad move. If this thing goes to the blue sky limit. You will be taxed as regular income when you withdraw the money. If it tanks you lose. Both are loosing propositions in an RSP because you cannot claim capital gains or losses. If the shares are in a regular account you at least get a 50% capital gain tax free and only pay tax on the remaining 50%. If it is a lost you at least can
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