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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

Post by Macloud1on Aug 01, 2018 10:47am
142 Views
Post# 28397595

The future

The futureWell I have looked over the numbers time and time again. The upcoming Q2 with the diamond sales we had in sales 3, 4, and 5 indicate an excellent financial statement coming. We are firing on all cylinders , production , sales , exploration etc. I see this going up in the next few weeks. I hope I didn't make a mistake but I just sunk another 35,000 into this baby. Time will tell. I have always been positive on this project the numbers are there. When you have ore at over 200 dollars a ton with production costs at around 80 dollars a ton things are pretty good. GLTA.
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