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.

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Mountain Province Diamonds Inc

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Comment by tinytoton Sep 28, 2018 9:27pm

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Post# 28713391

RE:RE:RE:UPDATE

Macloud1 wrote: That means it is also the same revenue for each and everyone of the 40% boart diamonds that are only worth $10.40 per carat

Yeah, I was thinking the other day that it is the boart that is paying the dividend. The gems are paying for everything else, and the boart is paying us.

GO BOART!

I have not checked the numbers, so that may be a lot of exaggeration and hyperbole. But one thing is for sure: Income is income, and the more, the better - don't throw that cheap $hit away.

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