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.

TSX:MPVD - Post by User

Mountain Province Diamonds Inc

Bullboard Posts

Comment by briton Sep 17, 2010 12:36am

499 Views

Post# 17459259

RE: BHP

Hey cbrit,

You're starting to act like a nervous nellie. Relax .... but sell if you must.

No question we could use, and I'd prefer to see, some consolidation, but right now there continues to be buying strength appearing that didn't exist in the past. I sense something is in the wind that we haven't experienced before, and it's very positive.

For those of us who are value investors, and like to remain well diversified, MPV has fit the bill very well. And from what I've been able to discern, all technical indicators remain bullish to very bullish.

Enjoy the markets!

Cheers

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