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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 explorer49on Nov 21, 2019 8:53am
188 Views
Post# 30377504

RE:DD picks up another 150,000 shares

RE:DD picks up another 150,000 shares every heard the expression "you break it, you own it". every heard the expression "thowing good money after bad".

as control person, dd is permitted to buy up to 5% in any 12 month period. for whatever reason (probably to salve the wounds of the other irish billionaires he's put into the stock) he's exercising his right to buy and preventing a complete meltdown as we enter tax-loss season..

does he know where this is going? NO! for guys like dd, reputation is more important thay money. and you're only as good as your last deal. he's up the creek - and all of his own making by pushing the kdi deal and puttng the ex-de bums mr brown in as ceo.

lab-grown diamonds will kill the diamond mines. if you could grow gold or copper in a lab, there would be no gold and copper mines. lab-grown diamonds are the beginning of the end of diamond mines. at this rate dd will own 100% of nothing, except the debt. good luck with that!


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