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 factRbeston Nov 07, 2018 9:27am

65 Views

Post# 28936061

RE:Market Cap and Debt approaching build cost

factRbest - (11/7/2018 8:57:37 AM)
Market Cap and Debt approaching build cost

Wow
Soon the value of MPVD including the debt will be what if cost to build the place.

The market has now valued the resource at ZERO.
=====================================================
Interestingly there is not one value investor who has come out and pointed out that there is VALUE in the valueless resource.

You want to know why?

Institutional Investors do not see MPVD as a publicly traded company.

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