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 Wisdomwithageon Apr 05, 2018 3:19pm

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Post# 27838103

RE:Is tis a gift ?

lit wrote: Kennady has also closed the third tranche of the private placement of common shares ...

It's not a reach to determine who took down the lion's share. ;)

Another cool quick million dollar capital gain IF the merger goes through. .... Plus a "few" options likely for guaranteeing the $2.50 PP maybe?

I guess the argument will now be advanced that KDI has a "solid treasury" to offer MPV shareholders???

The call needs to go out for everyone who can, to turn out at the upcoming SGM. The MPV BOD really need to hear what the the common shareholders think of their "performance" since PE left. DeBeers must be sitting back laughing at us.

Brit

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