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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 kimberon Jan 12, 2017 5:29pm
264 Views
Post# 25701658

RE:Share Price

RE:Share Priceagree 100%...but here we are where the rubber meets the road. The "secrets" of the deposit, the size frequency distributions, the grade, values,  and whatever other secrets are publicly unkown about the deposit will begin to reveal themselves.  And also, importantly, the DESIRE to maximize the value of the revenue stream  (to pay off debt, to drive share price appeciation, to pay dividends, to make the owners more wealthy) has maybe finally arrived.  There may now be an alignment of the minority shareholders interests and the insiders interests. Previously, not so so sure about that., Som let the shorts have their day.  if the deposit is as good as I think imight bee, they'll be buying large jars of Vasolene. 
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