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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 Jul 19, 2018 9:35am
114 Views
Post# 28337666

RE:RE:from stockwatch

RE:RE:from stockwatch
ndiamond - (7/19/2018 1:04:17 AM)
RE:from stockwatch
I like this alot :

Mr. Brown says that he and his crew are encouraged by the success of the near-mine exploration program. The continued discovery of kimberlite beyond the existing resource base is a qualified "positive development toward our goal" of extending the defined mine life at Gahcho Kue.


The KDI properties will add several more years to the mine life as well...

Very good.
=========================================
How many years do you believe we will wait until KDI properties begin to add mine life?

how much do you think DB will pay for their 51%.

In the meantime we pay and KDI owners get the cash.
Therefore how mcuh do yu think KDI owners will get from the non KDI holding before the KDI holding begin to return some cash?

As an example
10 cent dividend from GK operations
25% of which paid to KDI owners
Paid for 20 years


NET NET, we got FUKKED!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!



 
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