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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 dabard51on Sep 06, 2016 6:43pm
168 Views
Post# 25211854

RE:Why does SWY command

RE:Why does SWY command Last I checked, SWY market cap was C$0.949B, MPV market cap C$1.057B.  Methinks Mr. Market perceives DDC as a bit of a tired pony... whereas the low float of MPV works against trading-related gains, or what someone once called "irrational enthusiasm", or some such.  SWY has 6x the shares outstanding of MPV.   I prefer to think of MPV as an only slighly public "private equity" arrangement.  Just keep the production going, MPV, we have waited long for these days.  Cheers!
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