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 26, 2018 7:14pm

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Post# 27624695

RE:RE:RE:Time for action

Macloud1 wrote: I still think we are jumping the gun on this . This is a function bad market condtions and having gone through bad times , we are quickly loosing patience and faith. Maybe this is a good deal but we can't see the forest for the trees.

Maybe?

Then maybe you will justify the price if maybe thisis a good deal.

And maybe you will justify the urgencyif maybe this is a good deal.

It sucks because neither can be justified under any conditions. No "maybe" about that.

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