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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

Comment by claymore55on Mar 23, 2019 11:48am
145 Views
Post# 29526937

RE:NEAR AND PRESENT DANGER!

RE:NEAR AND PRESENT DANGER!Who is putting out this "word on the street"?  The TIGS may make a lowball offer, but the shareholders don't have to accept it.

If the TIGS are wanting to completely takeover MPVD, they must know something we peons don't.  It is quite likely there are a heckuva lot more diamonds at Gaucho Que and KDI than we are led to beleive.


Anyway, most of us on this board would probably accept an offer 0f $6-$8 just to be out of this investment.  Of course this is all IMHO.

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