Stockhouse.com uses cookies on this site. By continuing to use our service, you agree to our use of cookies. Cookies are used to offer you a better browsing experience and to analyze our traffic. We also use them to share usage information with our partners. See full details.
I Agree
×
Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Privacy Policy | Disclaimer

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Privacy Policy | Disclaimer
Please Try Again {{ error }}

Send my password

Return to Login
SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

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
User Avatar Image
(1)
•••
Comment by Shnappson Apr 13, 2018 10:12am
208 Views
Post# 27878907

RE:RE:RE:RE:RE:Peter Evans

RE:RE:RE:RE:RE:Peter Evans

From Will Purcel :This is his comment regarding the mood of some MPVD shareholders...

 

“They have some cause for feeling grumpy. Mountain Province will exchange 0.975 of a share for each share of Kennady, giving Kennady's shareholders an immediate 24-per-cent share of Mountain Province and its 49-per-cent interest in the producing Gahcho Kue mine. Put another way, the reacquisition puts $165-million of Mountain Province's stock in the hands of Kennady's shareholders. When Mountain Province spun off Kennady in 2012, it created a company with an initial capitalization of just $8-million.
Read more at https://www.stockhouse.com/companies/bullboard?symbol=t.mpvd&postid=27870916#pScyGszTySbCxkEh.99

 

I cannot believe that 93% of shareholders voted for that. Give up 24% of the company for KDI ?  Just doesn't add up.

 

 


Bullboard Posts
Dealroom for high-potential pre-IPO opportunities