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.

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Mountain Province Diamonds Inc

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Comment by arlekinoon Aug 10, 2019 4:42pm

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Post# 30015008

RE:Of interest

DukesMacKensie.
That is the best news for entire year . Thank you.
Once this product be properly marketed using blockchain technology, demand and price for diamonds will go through the roof !
That may fundamentally change state of global diamond market.
Mutual funds and other hedge funds have to deal with compliance departments to start using new products and as a rule , all of them super slow and conservative...
But, when Rio will finally close Argyle, responsible for 10% of rough global production, Sky will be the limit.
“All intelligent investing is value investing. Aquiring more that you are paying for. You must value the business in order to value the stock.” – Charlie Munger

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