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Mountain Province Diamonds Inc T.MPVD

Alternate Symbol(s):  MPVDF

Metals & Mining Industrial Metals & Minerals
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

Mountain Province Diamonds Inc
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Comment by tinytoton Aug 14, 2018 8:39pm
63 Views
Post# 28461181

RE:RE:RE:RE:Reconciliation is EASY TT

RE:RE:RE:RE:Reconciliation is EASY TT
Macloud1 wrote: I believe there cost are the same since they are the operator and determine how much it is.

That's why I want to know. 

I forget and am too lazy to look up, but if our COP is $40/carat, what are they saying tgheirs is?

If they are selling at $200 and we are selling at $70, then they have to be grossing $160/carat while we are grossing $30.

Going with these certainly-not-correct numbers, are they reporting a gross of $160/carat for the GK?

If that is the case, I gotta agree with cigar and something smells - but I'm thinkin' that maybe it's not us, but them.

If they are grossing $160, they should have taken us out long ago. How could they not?

Also, and just as important, THEY KNOW OUR NUMBERS ARE WRONG!. Think about that. What would you do if you were Anglo?

OTOH, we (our management) knows their numbers are wrong.

Are they really grossing $160/carat on the GK?
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