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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 lilbirdieon Oct 27, 2012 7:33pm
189 Views
Post# 20531620

RE: Might come in handy - Class Action - "we"

RE: Might come in handy - Class Action - "we"

Schnapps:

I don't recall anyone appointing you or electing you as a spokesperson for "the many" which you refer to as "we". You certainly are entitled to your opinion(s) and of course, I welcomed comments and opinions including yours. I know what you are saying and I agree...If you can avoid getting the Legal guys involved, that is usually a better thing. BUT the truth is, they are always there, somewhere.

As much a pain as the Legal Beagles can be, the Big Boys have them and use them. The problem is the other many and varied shareholders (aka "the many") outside of That Group (aka "the Few) are so independent and think they are so clever  and believe that they will outsmart the Big Boys that they ("the many") will never act as a Group. In most cases, especially in the Juniors Market, the Big Boys count on this disarray to make their money while the little people are left squabbling in the dark.

Anyway, my point in posting earlier, was NOT that we needed them BUT RATHER if we or some people on this BB did need professionals who worked in this space, here or somewhere else, now or somewhere in the future, that these guys do this kind of work. So, this was to make people aware that these kinds of professionals are available and they have a track record for success. So, if some people didn't know that and needed that service, at least they have a credible starting point.

In fact, I happened on them quite by accident while checking into another company on another issue and thought it was worthwhile posting here for those who might be interested and might find that reference useful. Outside of that I have never heard of that Legal Team. BUT I can assure you, I think I might find at least a few situations where they could prove beneficial in the future.

LB

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