Mountain Province Diamonds Inc T.MPVD

Alternate Symbol(s): MPVDF

Metals & Mining Industrial Metals & Minerals

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

Mountain Province Diamonds Inc

Bullboard Posts

Comment by Macloud1on Apr 27, 2017 11:20am

161 Views

Post# 26174069

RE:RE:RE:RE:Re: Jasux, if you please - Redux

Jasux another play on words when they announced the 75% it was 75% of the parcels. Parcels are made up of differenrt amount of carats. when the first sale came out I called MPV to get some clarification so I could figure out how many carats had been sold. They informed me the parcels have different carat counts, I surmise that the lower the grade the higher the carat count. The 277646 included the unsold diamonds from the first sale, The total carat count for the first quarter is 520863. How did you get a price of 95 for the first sale.

Bullboard Posts

Invest wiser with BMO's InvestorLine Platform features