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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 26, 2016 1:54pm
148 Views
Post# 25388633

RE:Information

RE:Information
Dmdman wrote: Since MPV is not a private company, shouldn't we (shareholders) be getting more detailed information?

Does anyone know what the rules are regarding release of info to shareholders. 


Well, companies usually don't report itemized sales figures for a very good reason. they do not want their competitors to know that data.

In this case, I do not think you as a shareholder want the diamond buyers in India and Belgium, for example, to know what MPV paid or received for their specials. Or other diamond  miners, and I'm sure that there are others you would want to keep in the dark
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