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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 Apr 14, 2017 10:50pm
252 Views
Post# 26123576

RE:RE:RE:dividends ???

RE:RE:RE:dividends ???
jediknight wrote: Dividends?? How about share appreciation. I'd rather see the SP move north substantially this year. We can talk about dividends later. 

We are a mining company, not doing any exploration, the only thing that will move the share price is a dividend, or the prospect of dividends.

Dollar value of sales is all that matters. What else do you think the market is judging us by?

My guess is that we will be extremely profitable. But that is probably still months away, not years.

Sorry, we are in a new era. 


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