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 tinytoton Feb 17, 2018 6:57pm

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Post# 27578767

RE:RE: I'm definitely voting YES

jediknight wrote:

I hold substancial shares in both..

if I were a substantial KDI shareholder and felt my property was worth $hit, I would be saying, "Wait!, wait, DeBeers wants this bad, wait for the bidding war to begin".

Isn't that what the KDI shareholder should really want (if he thinks the property is more than moose pasture with a few diamonds)?

I don't own KDI and that's what I say.

But, I'm not really worried that a bidding war will ever start.

But if it happens, I'm OK with it - and that's better for those who do hold KDI.

And at least then I'll know we aren't being robbed.

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