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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 21, 2019 12:06pm
151 Views
Post# 29944021

RE:MPVD Deadweight Brown's Stepping Stone to be CEO of De Beers

RE:MPVD Deadweight Brown's Stepping Stone to be CEO of De BeersWell put together, but nothing in MPVD is done without blessing of major MPVD shareholder and chairman of the company, his right hand.when will be right  time, MPVD share will go up. There are only few scenarios. DD will take company private and period of stagnation be long or share price will go up to acceptable level to sell or company be staying partners with Dr Beers forever. In mean time,  major shareholder getting his money one way or other, perhaps not much that be great rewards for him. So patience is his best asset. And nothing De Beers can do with the situation.And current CEO would not play right cards, he be replaced easily with other members of the board. There are others, who I would not name light weight. Not going into details.Anyway going back to hibernation . Cheers Arlekino 
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