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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 Dec 08, 2016 1:32am
155 Views
Post# 25569916

RE:Projections

RE:Projections
Dmdman wrote: [snip]Only ppl who have been a shareholder for a very long time know what we have here and what the GK trully is.


I am perhaps the longest time holder on this forum, and I have zeros, so I am hopefully optimistic.

But the quote above is pure bullcrap.

We don't know squat. Nobody does. We all have hopes because of some drill results. Results good enough to cause people with more expertise than all of us put together to build a mine. But we still don't know exactly what's in the ground. Could be a big disappointment.

We don't know what the diamond market is going to do.

We don't know what the world situation is going to be. Will Italy cause the Euro to crumble and diamond prices to tank?

Will what some call climate change screw up the ice road?

Will every bucket load of ore contain a fancy? (I'm hoping for that one.)

We're betting on our high hopes, but they are not facts, and we really don't know any more than the pessimists. We just think we do.

To think we know alot is foolish.  I just hope that DD does. But  even he dosen't know what's in the next bucket load.
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