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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 Terrebonneon Dec 02, 2017 10:38pm
215 Views
Post# 27079448

RE:RE:VERY GOOD NEWS

RE:RE:VERY GOOD NEWSarlekino, I don't know what your problem is. On December 16 MPVD will be a world class, low cost, high margin diamond miner with cash in the bank and a $50 million line of credit. And we've been in production less than 12 months. We're in one of the safest jurisdictions on the planet. I challenge you to name another success story like this. Sure, the company has made mistakes, and DD is not perfect, but take a snapshot on December 16 on where we are. And, btw, DD being there with his 25%+ has probably kept the wolves from successfully making a low ball bid. A low ball bid will never succeed as long as DD is there. So, take your snapshot on December 16, suck it up, and enjoy the success. Btw, have you ever been to an AGM to challenge the team that you seem to despise? No? I didn't think so. I've been to every one since 2012 - a great place to learn about what's going on with the informal chichat before and after the meeting.
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