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 gogoldenon May 03, 2017 12:00am

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Post# 26196335

RE:RE:Who doesn't think

it's time to get real. Ok we are bit behind on reaching full production. Now we are there.
The bankers know that. Will they call the loan? Are we about to go bankrupt? Do we need an equity issue?

NFW.

Soon we will hear about a new waiver or updated terms of the loan.

Folks need to stop obsessing about the financial position. This is a 25 + year business plan. What is a 3 month blip? The bankers and our key shareholders (DD WB) know this. Hopefully we are all investors, not just traders

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