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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 Oct 01, 2017 4:06pm
185 Views
Post# 26764258

RE:RE:RE:Past Expectations Still Haunt..

RE:RE:RE:Past Expectations Still Haunt..I would not blame Mr Evans for accepting cash demand from banks. Remember he has over 2millions shares with his own money, and the facts from Feasibility studies  and National instrument supported cash flow, reserve funds is an insurance for the MPVD shareholders and the banks , but what happened after games started playing. That's another story . first CFO was gone and after CEO. Someone is trying to overconcentrate power of the company, and bleeding cash from accounts. Banks have risk management teams for a reason and those guys getting payed  big bucks for not to be stupid, and it is not one bank !!!!  It's so hard for Gahcho Kue, especially if you have richest and biggest new diamond mine!!!
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