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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

Post by briton Jan 15, 2013 2:52pm
284 Views
Post# 20841371

Speculation Rampant but ..............

Speculation Rampant but ..............

 ... we need to face reality.  When the TIGS make their decision, that is the only scenario I'll consider.  And I doubt they are in any rush. 

 

We can speculate and ramp up the hype all we want, but it means very little.  PE is a good president, but the control block will decide our fate.  Not HW or any other potential suitor!

 

The point is that we will do very, very well, but the "when" and "how much" is not for us to decide.   So relax folks.  In due time!

 

Cheers,

 

Brit

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