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 ValueSpotteron Feb 26, 2018 12:03am

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Post# 27619010

RE:email message I sent to the attention of David Whittle

slpskb... this is not meant to be demeaning in any way but if Company X has 10 million shares trading at $1 CAD and Company Y has 100 million shares trading at $1 CAD they are not valued the same. If you wanted to pay cash to buy out Company X you would have to pay $10 million CAD, and $100 million for Company Y. What if MPVD raised 160 million in cash through a debt instrument and bought out KDI without diluting the MPVD shareholders? Would you take that deal? No dilution... no bank debt... would you like that deal? VS

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