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.

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Mountain Province Diamonds Inc

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Comment by ValueSpotteron Mar 02, 2014 11:25pm

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Post# 22271129

RE:RE:RE:RE:Rights Offering vs. Diamond Contracts

DC... with all due respect... you are looking at these two projects in a different light than I. There is not a billionaire on this planet that doesn't have an ego. If the TIGS sell MPV they will only accept a buyout reflective of the resource. Once sold they have one large feather in their cap. But they will want another feather and what better feather than the one that deBeers let go. KDI is not a new find. Not even close. Neither are the ggl kimberlites. In my opinion KDI reaches full value in 5 years... max. If the TIGS are into KDI at a buck and change, and financing has added the capital to advance the project and when/if KDI ever hits 10 bucks the TIGS will get their 10 bagger feather. VS

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An emerging leader in platinum group metals