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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 factRbeston Jun 20, 2018 8:40am
171 Views
Post# 28197239

RE:BUMS

RE:BUMSexplorer49 - (6/20/2018 8:14:05 AM)
BUMS
Attended yesterday's AGM. What a bunch of deceitful BUMS! Clear from their body language - arms folded, faces grim, heads bowed - that they know they screwed the shareholders with the KDI deal. Only one shareholder benefited from the BAD DEAL and they're all his STOOGES. Disgraceful! They've all lost any professional credibility. The Street will NEVER trust any of them again. Very sad!
===============================================

Actually everyone got screwed.
They thought they could use fundementals to bring the share price back up once their biatch deed was done therefore padding puppet masters pockets further.

Instead they completely lost market confidence. If it wasn't immediately evident it became so when the the market gave them a WGAF to the 95C diamond announcement.
Cleaning out the BOD and replacing them with truly independent members would have gone a long way but.
As we know most billionaire are control freaks and puppet master is no different so he keeps his puppets in spite of his money.

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