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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 Chattycon Apr 04, 2016 4:59pm
201 Views
Post# 24729535

RE:RE:Diamond Valuation Commentary

RE:RE:Diamond Valuation Commentary
You sound like a GK - MPV hater. You don't mention the fact that SWY has 750 million shares outstanding, or that they are spending 3/4 $Billion to build their mine which only has 17 0r so million carats. You don't talk about the diamond count per ton of ore where SWY is spoor compared to MPV. You don't talk about the IRR of MPV vs SWY and you don't mention the cash flow , the dividends expected to be paid. You don't even take into account KDI what has taken place with it and MPV shareholders and what's going on there now and what is coming down the hopper.............. and on and on. Do you think I personally have spent the last 13 years with MPV and have not compared the two.....F.O. and don't insult us.
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