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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 arlekinoon Sep 15, 2017 2:32pm
146 Views
Post# 26702371

RE:RE:Mpvd added to Index

RE:RE:Mpvd added to IndexChauncey128 You asking my opinion? All MPVD shareholders are in the same boat, except DD. Payments coming to his holdings regardless. And De Beers are making money, as well . There is advantage and disadvantage with lower MPVD share price for the rest of shareholders. One must understand , what is Gahcho Kue and potential there. Have fun with shaking the tree. Short position is still relatively big. Keep your eyes open for big diamonds!!! wait patiently for the competing offers. Cheers Arlekino
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