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

Bullboard Posts

Post by tinytoton Feb 14, 2018 4:30pm

203 Views

Post# 27560904

Why I am voting "NO"

1, The price is robbery. there is no way they are a 1:1 value. I might consider 4 KDI for 1 MPVD.

2. This is not how we should be spending our money AT THIS TIME.

3. There is no hurry. Let's see how we are doing in 3-5 years and then decide. To think we would be in a bidding war for this property is ridiculous. That is just wishful thinking on the part of KDI holders. There is absolutely no need to do this now.

A "Yes" vote is aiding and abetting robbery.

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