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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

Post by tinytoton Apr 05, 2017 3:32pm
219 Views
Post# 26081587

We own 16MM shares?

We own 16MM shares?Sorry to be so naive, but would someone please explain how we now own 16,331,163 shares?

I presume it's just some vanilla accounting entry, but would like to understand it.

From Morningstar:

Name Shares 
Held
% Total
Shares Held
Shares
Change
% Chg from 
Prior Port
% Total
Assets
  Date of 
Portfolio
 
Bottin (International) Investments Ltd. 36,645,087 22.64 0 0.00 0   28/02/2017
 
Mountain Province Diamonds Inc 16,331,163 10.22 16,331,163 New 0   31/05/2016

 
[url=https://quote.morningstar.ca/Quicktakes/owners/MajorShareholders.aspx?t=MPVD®ion=CAN&culture=en-CA]https://quote.morningstar.ca/Quicktakes/owners/MajorShareholders.aspx?t=MPVD®ion=CAN&culture=en-CA[/url]
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