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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 factRbeston Mar 11, 2019 10:18am
128 Views
Post# 29467425

All their actions seem to have on constant result

All their actions seem to have on constant resultKeeps the debt intact with minimal pay down.
Which in turn results in maximum payout to the bond holders.

COINCIDENCE???????

Look at KDI drilling.
When the bought it we were told the needed to act now to get it into production.
Regardless of what changed the capacity to go into production is still there.
Therefore any further drilling is meaningless until it is being moned.
Where or where could that money be better spent?
The debt you say. Bite your tongue.

THE BOARD OF DOTARDS HAS TO GO.
The market is not pricing the value of MPVD. They are valuing the trust of and in the BOD

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