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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 minedog2on Mar 07, 2017 10:50am
244 Views
Post# 25943621

Support price

Support price So the big question any technical guys care to tell me support price ? I'd post here the rumour on site about sale price but  I don't think that's overly correct spreading rumours it's just word of mouth . Yeah sale was the pits .This was me wondering if it's De beers is  playing a game a lot of pressure to buy from just them everyone else getting left over buyers who don't want to pay retail .This is still a profitable mine so no need to overly panic !
keep the faith guys I doubt they lied that bad in feasibly reports 
minedog 
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