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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 rdgeo44on Jul 07, 2016 11:45am
229 Views
Post# 25031812

Just give your head a shake

Just give your head a shakeGood morning my MPV friends. Every once in a while, something happens that makes me shake my head in amazement. Yesterday with much fanfare, DeBeers announced that they were moving their head office to Calgary Alberta. This was widely broadcast on all newscasts, as any good news on the labour front right now in Alnberta, is welcomed with much fanfare. However, & here's what gets me, is whilst the reason for moving was to be closer to the action in Northern Canada, NOT ONE mention was made of the name of the biggest new diamond mine in the world. What a great opportunity to expose the investment community to our JV as many investors are searching for a place to invest as the energy sector collapses. What is wrong with these so called experts that we depend on to promote our investment? This was so much free advertising & once again they blew it.Over the last 20+ years we have seen everything from stock market collapses, wars, environmental crazies & now to top it off, Brexit, all of which have conspired to lower the value of our investment, but now we see what I think is management incompetance getting into the act. Incompetance on DeBums part not MPV. What is left to mess things up, I hate to think, but other than a swarm of locusts, I think we have seen it all. Is there a conspiracy at work here? It sure seems like it at times.  Remember the words of Charles Dickens(1812-1870) "As she frequently remarked when she made any such mistake. it would be all the same a hundred years hence." Ain't that the truth.......Have a great weekend...rdgeo    
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