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

Post by briton Aug 19, 2011 5:18pm

379 Views

Post# 18962210

Had To Add To My Position

Hey Mates,

I couldn't help but take advantage of a couple of bailers today. Picked up another 2700 at $4.53 - $4.55. Sure isn't much available, but obviously the markets have shaken some weak shares out.

With the confidence that PE has in our company, and with great memories of Aber Diamonds, I'll continue to add and hold. No rush! It's not if but when, and the locals are well aware of the excellent jobs GK will provide for years. The fat cat subsidized environmental activists are but a short term nuisance.

Cheers,

Brit

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