Mountain Province Diamonds Inc T.MPVD

Alternate Symbol(s): MPVDF

Metals & Mining Industrial Metals & Minerals

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.

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Mountain Province Diamonds Inc

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Comment by tinytoton Apr 12, 2017 12:15pm

260 Views

Post# 26112918

RE:We will be prosperous

Macloud1 wrote:
That gives us revenue of $6,276,340 for January, $39,492,367 for February and $29,214,702 for March for a total of $ 74,983,409 US Minus $17,265,713 cost of production per carat for a gross profit of $57,717,695.US or $76,764,535 Canadian. They have $ 65,000,000 Canadian left in the cost overun facility which is @141,764,535 Canadian in cash after the first quarter.

I love those numbers, to me, they say DIVIDEND.

If they continue, and I don't see why not, it really is BLUE SKY ahead.

If this is not a buy signal, I don't know what is.

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