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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 explorer49on Jul 01, 2017 8:59am
602 Views
Post# 26426911

Happy Canada Day!

Happy Canada Day!Happy Canada Day to all! Spoke to the bozo's again this week and increasingly concerned. They're either dumb or they have their heads in the sand - or both. The disruption caused by PE's departure has pushed the debt holders offside and will be very expensive for all shareholders as they demand a major equity injection - I'm guessing $100 million. We will know by the end of the month. Still not buying the BS story about PE's departure. I want the truth and I'm not getting it! Trust is gone!
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