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.

TSX:MPVD - Post by User

Mountain Province Diamonds Inc

Bullboard Posts

Comment by tinytoton Mar 10, 2018 8:59pm

103 Views

Post# 27698108

RE:RE:RE:Path Forward and Go

dabard51 wrote: Identified mineral resources for KDI are [so far] [estimated] at US$1.2Bn.

"Identified" "estimated" - Oxymorons?

There is an identified estimated $700 TRILLION worth of gold in the oceans.

But nobody's buying.

Wonder why?

Maybe the same reason nobody is drooling over KDI.

Think of it, US$1.2Bn, and nobody wants it. (Maybe they don't like the "estimate," hummmm?)

Except us.

If DeBs wants it, I say let them bid on it, and if it's really valuable, let's outbid them. We can wait for that - DD ain't gonna sell it without getting the best bid (which I think is a lot less than one share of MPVD.)

(And thinking that MPVD's geophysics team is better than DeBs', boarders on insanity, IMO.)

Bullboard Posts

The top 10 Canadian medical stocks