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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 Apr 25, 2017 10:51pm
190 Views
Post# 26166300

RE:Otto (IKN) really liked this DeBeers diamond article

RE:Otto (IKN) really liked this DeBeers diamond articleOtto is mediocre at best. His top pick is BTG. He loses almost as much as he wins....maybe more. He self admittedly doesn't know diddly squat about diamonds. Anyone who has been a student of this board and the industry would have known everything contained in that GMO article. Nothing in that writeup changes the value of MPVD diamonds nor does it bode well or poorly for the diamond business. It really TBD. The business is much more difficult than ever. Having exceptional quality diamonds makes it easier. MPVD doesn't have that. Victor mine does.
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