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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 > Even if they find gold...
View:
Post by MDiamont on Jun 13, 2023 2:32pm

Even if they find gold...

Honestly, sometimes I believe that even if MPVD announces they found a couple of billion dollars in gold two inches from the surface, the stock will change by 2%.  I know companies with a fraction of MPVD fundamentals that are listed in several places, creating enough volume to keep share prices at a civilized level.  It looks like management wants, on purpose, to keep the prices down. Perhaps for the Irish to take over at a discount?  It doesn't make a lot of sense, and not dropping conspiracy theories here, but k'amon!  There is always some controversy about MPVD fundamentals, and thanks for the serious people in the forum sharing those analysis, but this company is constantly reporting earnings that are over 30% of the share price!  Some exposure to the capital market is not a bad idea.
Comment by mwormser on Jun 19, 2023 11:14am
I was just about to post something like yours.   I own over 100 stocks, ETFs, closed end funds.  Many of the stocks have worst fundamentals than MPV but their share price is good, fantastic.    I don't get it.  One poster replied that the market does not like diamonds.  True or not , I don't know. Crazy huh.
Comment by Diamondboy123 on Jun 19, 2023 2:17pm
Marty this thing is debt infested. The Irish are incognito.  Debeers sold out years ago on kennady for a song. Short this thing bro. 
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