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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 Diamondboy123on Aug 29, 2022 9:14am
178 Views
Post# 34926273

RE:Fitch

RE:FitchMcLeod I took your advice earlier on to buy.  I did.  Hard and heavy. Made some some dough along the way. Bought more thereafter ntw your newfound foul perspective on this equity.  I am an honest man. Your present perspective is bang on. This equity will fail.  The Irish will lose their entire equity share in the hundreds of millions of dollars and the mine will be run into the ground by unskilled creditors running same .  Debeers will permit this and then scoop up the shares for a song.  Thereafter they will develop kennady on their own and it will liberate value from this God forsaken land until 2060.  I'm out. 
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