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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 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.


TSX:MPVD - Post by User

Comment by tinytoton Oct 05, 2016 5:46pm
213 Views
Post# 25314088

RE:RE:RE:I think at this price

RE:RE:RE:I think at this price
jediknight wrote:
mw
There is nothing that I know of that says the insiders would not buy MPV from minority shareholders. This is the fear that many small shareholders hold. JMHO

Correct me if I am wrong, but the "insiders," whomever you think they are, would have to get 90% of the votes to force a buyout.

Considering who all owns the stock, I think that is next to impossible.

As i said, I am willing to be corrected.
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