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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 briton Sep 30, 2010 10:40am
388 Views
Post# 17511574

RE: MLB returns - rdge

RE: MLB returns - rdgeHey rdge,

I always enjoy your posts and especially the MLB chatter, although I don't always agree with your comments. 

One instance in mind was your comment that the "...TIGS ... ar just an insignificant group ofpeople who happened to be in the right place at the right time and weresmart enough to use it to their financial advantage, However if anyonethinks they have any impact on the stock market or are even close tobeing as important as a Warren Buffet or any of the hundreds ofmillionaire investors out there, then they are sadly mistaken...."

I really feel you've underestimated their significant influence on MPV's corporate decision-making that has so far, and will in future, determine the direction we move in, with regards 'through-to-production' vs. 'buyout'.

Just my thoughts!  In any event keep us informed of MLB's "news".  In some respects I think you are closer to the heartbeat than most of us here.

Cheers,

Brit
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