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 Shnappson Oct 23, 2018 10:52am

82 Views

Post# 28855803

RE:RE:RE:RE:RE:RE:RE:RE:NEW 8 YEAR LOW

Facts is right. The BOD, the pinheads that pushed the deal with KGI have effectively punished everyone owning MPVD or KDI. There are officially no winners. Any shareholders that hold either stock are in the red.
They also managed to convince instutional shareholders to bail in droves. Potential new investors will have to look no further than management to label this company too risky to invest in.

Its not a done deal Tiny. Its a path to oblivion. Our only silver lining is DB. I in my wildest dreams thought I would be saying that. That is little comfort because I know my welfare is of no concern to DB.

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