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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 Mar 06, 2017 2:50pm
236 Views
Post# 25938947

RE:RE:RE:RE:RE:RE:RE:RE:RE:news

RE:RE:RE:RE:RE:RE:RE:RE:RE:newsSuppose, just suppose, that sales really sucked at the last showing. Do you really want that reported? Especially if management honestly believes that they will be greatly improved by midyear.

If that would be the case, why not hold off on saying anything until when you have to, when the 1st Q financials come out, and then maybe you can soften the blow with some later good news.

I'm not saying that this is the case. 

But sometimes you have to be careful about what you wish for.
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