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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

Post by ValueSpotteron Feb 25, 2018 11:37pm
141 Views
Post# 27618987

What happens if KDI hits on three targets?

What happens if KDI hits on three targets?You all seem to know a lot about MPVD but very little about KDI. Why don't you phone Aurora Geophysics and ask them about their findings along the K-F corridor. Then ask them of the probability of their geophysics resulting in a diamondiferous kimberlite? Hmmm... KDI may seem like a bargain. And... KDI and MPVD are not valued the same. No wonder you think the deal stinks. And... market cap is one thing but you need to consider enterprise value and MPVD's debt instruments. VS
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