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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 Wisdomwithageon Mar 24, 2018 12:22pm
196 Views
Post# 27775385

RE:dermot looks confident,others not so much

RE:dermot looks confident,others not so muchHere is a link to the CNBC website that provides a clearer picture of the overall ownership breakdown ...

https://apps.cnbc.com/view.asp?country=US&uid=stocks/ownership&symbol=mpvd.to

The summary suggests there is up to 77% of the shares that could well vote NO. 

Realistically, if we get even 35% we will have succeeded in our efforts.

Cheers,

Brit
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