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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 cigarbuttson Aug 14, 2018 8:03am
82 Views
Post# 28455178

DeBeers

DeBeersTT:   Can't see any reason that DBeers  would want to inflate their revenue vis a vis their 49% partner,  can you?

I do think MPVD will make a major bottom in here very shortly and then a pretty nice recovery over the intermediate term.

Do you think IF someone(s) were trying to drive down MPVD reported results, to then effect a stock for stock merger with a bunch of undeveloped rocks next door,  so that they could set an exchange ratio that would be totally unfair to the MPVD stockholders,  and benefit the KDI stockholders,  and all the "bad actors" in this plan or scheme,  were gererally the same officers,  directors,   and major shareholders of the overlapping entities..........but there was some data out there in the public domain published and audited by the JV partner,  that pointed to exactly what was going on ................do you think these people would continue with this scheme once discovered by some minority John Q. Public  shareholder? 
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