Mountain Province Diamonds Inc.

MPVD-T

TSE:MPVD

1.12
0.00 (0.00%)
Mountain Province Diamonds Inc. is major partner with De Beers in the Gahcho Kue Diamond Mine Project in the Northwest Territories. Gahcho Kué is the world's largest and richest new diamond mine, with an estimated reserve of 80 million carats.
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Analysis and Opinions about MPVD-T

Signal
Opinion
Expert
TOP PICK
TOP PICK
October 30, 2015

If everything goes right, you will get a 27% dividend yield on this. Towards the end of 2017 this should be a fully operating, first major diamond mine discovery and development in 20 years. It is more than two thirds completed. Expects a dividend will go high because this is controlled by 3 Irish billionaires, and they want a dollar dividend.

If everything goes right, you will get a 27% dividend yield on this. Towards the end of 2017 this should be a fully operating, first major diamond mine discovery and development in 20 years. It is more than two thirds completed. Expects a dividend will go high because this is controlled by 3 Irish billionaires, and they want a dollar dividend.

Michael Smedley
Exec VP & Chief Investment Officer, Morgan Meighan & Associates
Price
$3.620
Owned
Yes
BUY
BUY
August 12, 2015

He likes that it is financed to production. People like to consume tokens of love like diamonds.

He likes that it is financed to production. People like to consume tokens of love like diamonds.

Rick Rule
Pres. & CEO, Sprott USA
Price
$4.370
Owned
No
COMMENT
COMMENT
June 17, 2015

Because of the free cash flow aspect, this is one that he typically shies away from. The mine is now getting close enough to production where it is something he would look at, because over the next 12 months you can see potential for free cash flow. The Ghacho Kue diamond mine development is a fabulous asset. In the diamond space, there is really a lack of new diamond mines. The supply picture is pretty anaemic. The quality of the diamonds and the mine is such that it is going to be one of the highest margin mines globally. You need a 12-18 month view because ramp-up is going to be early 2016 and free cash flow will not start to come out of the mine until mid-2016. Thinks there is quite a bit of low hanging fruit for that mine to grow over time.

Because of the free cash flow aspect, this is one that he typically shies away from. The mine is now getting close enough to production where it is something he would look at, because over the next 12 months you can see potential for free cash flow. The Ghacho Kue diamond mine development is a fabulous asset. In the diamond space, there is really a lack of new diamond mines. The supply picture is pretty anaemic. The quality of the diamonds and the mine is such that it is going to be one of the highest margin mines globally. You need a 12-18 month view because ramp-up is going to be early 2016 and free cash flow will not start to come out of the mine until mid-2016. Thinks there is quite a bit of low hanging fruit for that mine to grow over time.

Jon Case
Portfolio Manager, Sentry Investments
Price
$5.150
Owned
Yes
BUY
BUY
March 2, 2015

Has been held back recently by a rights offering. They are now fully financed to production. He is likely to own more. People at the top are doing well enough that diamonds are doing well, even if there is not a broad based economic expansion.

Has been held back recently by a rights offering. They are now fully financed to production. He is likely to own more. People at the top are doing well enough that diamonds are doing well, even if there is not a broad based economic expansion.

Rick Rule
Pres. & CEO, Sprott USA
Price
$4.580
Owned
Yes
COMMENT
COMMENT
August 21, 2014

You don’t know when diamonds are really going to do well. This stock has been doing better recently. This one has the best undeveloped asset in Canada. It is a very good prospective mine.

You don’t know when diamonds are really going to do well. This stock has been doing better recently. This one has the best undeveloped asset in Canada. It is a very good prospective mine.

Michael Smedley
Exec VP & Chief Investment Officer, Morgan Meighan & Associates
Price
$5.700
Owned
Unknown
COMMENT
COMMENT
August 12, 2014

A good trader and thinks it has been in the “most active” several times. Chart shows it has taken out all the tops of 2012-2014. It is speculative, but he doesn’t see any problems. Just don’t go overboard.

A good trader and thinks it has been in the “most active” several times. Chart shows it has taken out all the tops of 2012-2014. It is speculative, but he doesn’t see any problems. Just don’t go overboard.

Bill Carrigan
Technical Analyst, Getting Technical Info Service
Price
$5.820
Owned
Unknown
COMMENT
COMMENT
July 4, 2008
May have participated in a huge diamond find in the territories. Certainly not a contrarian play. Problem with companies in this sector, a little bit of a wild west show unless it's a very established company.
May have participated in a huge diamond find in the territories. Certainly not a contrarian play. Problem with companies in this sector, a little bit of a wild west show unless it's a very established company.
Benj Gallander
President, Contra the Heard Investment Letter
Price
$4.700
Owned
No
Showing 16 to 22 of 22 entries