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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 Mar 20, 2019 7:55pm
109 Views
Post# 29514192

RE:Let's hope Tinytot and MacLeod ARE company employees........

RE:Let's hope Tinytot and MacLeod ARE company employees........
cigarbutts wrote: From the Managment Info Circular.   Page 46.    Last Paragraph.

Kennedy special committee asked Minvisory Corp. to reach out to other potential buyers and parties that might be willing to provide financing to Kennedy............Minvisory Corp.
 was advised by such parties that advancing an acquisition or financing transaction as applicable,  wasnot possible at the current time."


Translation:

Minvisory asked around if anyone wanted to get into a bidding war for KDI, and everybody said "No."

End translation.

How many of you are going to want to get into a bidding war when buying a house or car?

Anybody who now wishes that somebody other than MPVD owned the KDI property is either crazy or really, really, really stupid.

SAVE YOUR NOSE AND LOVE YOUR FACE

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