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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 diamhunteron Aug 12, 2019 8:38am
191 Views
Post# 30017219

Deadweight

DeadweightLondon diamond analyst tells me this morning that Blackrock shareholding now down to about 3.5% from over 12% at start of year. And they continue to sell out. Reason: Deadweight didn't stand up to DD when he insisted on putting little Desmond on the board of dotards. We know why Commerford wouldn't stand up - he works for DD. We know why Whitless wouldn't stand up - he's always rolled over for DD. This was the acid test for Deadweight - and he failed miserably! Other sellers at end July - Capital Group sold +6 million or 100% of holding. Vanguard sold 100%. First State sold 100%.State Street sold 100%. Dimensional sold 100%. Deadweight MUST GO!
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