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.

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Mountain Province Diamonds Inc

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Comment by Macloud1on Sep 04, 2017 9:32pm

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Post# 26654578

RE:RE:RE:RE:RE:RE:RE:RE:RE:MPVD , PE, DD, my take

That is exactly my point they DD, the institutional buyers, PE etc.know the value of this play and that we have to work through a few hiccups ie: the demonetization, the lower prices because of flooding the market, the late start of commercial production . These factors are correcting themselves and I think the third quarter will be the turnaround. All of those major investors are not in it for a quick 2 dollars. They want and will get more.

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