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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 arlekinoon Jul 20, 2019 3:42am
130 Views
Post# 29942504

RE:RE:RE:Dear Mr. Cleaver,

RE:RE:RE:Dear Mr. Cleaver,I was not happy about  terms , how KDI merged with MPVD on one hand, but on another hand KDI kimberlites explored partially and unexplored could have potential to host as big resource, as present mine or bigger. And current MPVD team has enough power and expertise to explore, finance, construct and market and sell diamonds through existing market connections. Just look at the composition of present board. It’s not looser company board, each person complement other with unique skills. DD has a vision and one cannot underestimates his brain power . Not stupid obsession with share price. And Mpvd share price still can drop in mean time , look at the state of global financial affair  !!! 
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