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 09, 2017 1:45am

226 Views

Post# 26219516

RE:RE:RE:Danger Ahead

I just don't understand why PE will not disclose the results of monthly sales. DeBeers, who know this game, do it. I hear the sales price keeps going up and the cash proceeds are significant and should deal with liquidity concerns. Shareholders should know this.

I plan to challenge PE on this issue on the conference call. Please join me.

On another point, PE should not be in the market now, nice as it is to see. He must/should be in blackout now as he has inside information on sales and Q1.

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