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 Mar 23, 2018 6:46pm

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Post# 27773536

RE:dividends sooner

Well, the nice byproduct I like about dividends sooner is that it (the NO vote,) will not only improve our SP but it will also do the opposite to KDI's.

Those things would serve to educate and enlighten those who now support the KDI deal, and make it clear that the proposed price of that deal was obviously way out of kilter.

Then at these new prices a reasonable deal would have a much better chance of succeeding.

I think it would be nice, but not urgent, to own the KDI property, but only at a reasonable price.

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