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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 Feb 18, 2018 2:22pm
93 Views
Post# 27580703

RE:RE:RE:RE:RE: I'm definitely voting YES

RE:RE:RE:RE:RE: I'm definitely voting YES
Macloud1 wrote: Tiny it is not why does DD not want this.


Look, if KDI has so much potential, KDI shareholders should want to wait to maximize that potential in a bidding war. They should not want to do the deal now.

The above is especially true for DD. Of all people, he knows the most about the property and he should be holding out for a bidding war - if the property is soooo good.

IN A BIDDING WAR DD CAN'T LOSE, HE WINS EITHER WAY, HE, ABOVE ALL, SHOULD WANT TO HOLD OFF AND WAIT FOR THAT WAR.


Why would he want a deal now?
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