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 tinytoton Mar 27, 2018 1:39am

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Post# 27786038

RE:RE:RE:Numbers that need correcting - maybe lots

Macloud1 wrote: Tiny just the mere fact the first two sales generated 52,400,000 US dollars on 528,000 carats proves we will do better. if you subtract 528,000 carats from 3,000,000 and multiply that by $70 that gives you $173,040,000 US plus the first two sales for a total $225,440,000 divided by 3,000,000 now gives us an Average of 75.15 US per carat on the 3,000,000 carats . And besides the production for 2018 is goign to be North of 3,200,000 carats.

Oh, how I want you to be correct.

And your analysis is all the more reason to vote NO.

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