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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 tinytoton Feb 18, 2018 8:00pm
92 Views
Post# 27581633

RE:RE:RE:RE:RE:RE:RE: I'm definitely voting YES

RE:RE:RE:RE:RE:RE:RE: I'm definitely voting YES
rob1237 wrote: For the NOs....Bidding war on an unproven asset? Dreaming.  

Exactly, you said it, not me.

A bidding war is just a dream. The property isn't worth a bidding war.

The value of that property is just an unproven dream.

And we need not, and should not, be in any hurry to annex that unproven property. 

There is absolutely no need.

Who wants to buy an unproven dream? And rush to do it?

AND THE PRICE IS ROBBERY, I DON'T HEAR ANYONE SERIOUSLY DISPUTING THAT.

Why? Because they can't. 

It's truly ridiculous to even compare what we have to offer to what KDI has to offer: half a profitable diamond mine for moose pasture. How can 1:1 even be considered? Shame on those who even mention it.




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