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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 rdgeo44on May 15, 2018 11:04am
166 Views
Post# 28032478

RE:Anyone else find it amazing

RE:Anyone else find it amazingGood morning factR. Thks for the post very enlightening but just adds to my frustration with this 20+ year stock. As you say, with all that's been going on recently with Mr W & co, the KDI bailout for DD & his pals, you are right, we should be outraged, I know I am. But seriously what good does it do? As investors our hands are tied, just have to trust the BOD to protect our interests, ha, ha. I read today that the ever elusive dividend will be cut by at least 25% due to the KDI buyout, not sure how that works, but it seems we're already being softened up for a disapointment. On the positive side it's nice to see the SP heading the right way for a change no matter what the reason. Maybe we have to cut the Vegas price to $5 to be more realistic, but i'm not sure we can afford Vegas by selling $5 shares!!!! According to my sources, they charged $20 for a g&t at one of the hotels & the reort fee (read rip off) is up to US$35 / day. Sounds better than owning a diamond mine. Have a good week.....rdgeo
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