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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 Oct 23, 2018 11:59pm
126 Views
Post# 28861495

RE:PE Lead the Way

RE:PE Lead the Wayi was told nothing from an unreliable source.

However, IMO, PE left because he walked into a better job the very next day.

One reason the job was better was because PE's mission at MPVD was over. His goal was to get it to a mine and he did.

Q: What was left for him to do?

A: the same thing our present BOD does of vital importance - NOTHING.

PE is not the kind of guy, IMO, who is going to sit around and be a toothless caretaker.

I'm sure DD wishes he would have stayed, but there was no longer a responsible position at MPVD to entice him.

DeBeers runs the GK show and MPVD watches.
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