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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 haywoodmanipulatoron Dec 02, 2014 3:42pm
270 Views
Post# 23187243

the game is on...and financing wont be announced this year

the game is on...and financing wont be announced this yeardeliberately to flush out weak hands. Nothing will be stated, it will just be nothingness through year end, and watch the share price tank towards 4.50 canadian., or lower. That will suit the TIGs interests, as it will ensure that ALL weak hands have exited. Then isometime in Jan, they'll make some sort of half baked annoincement, one way or another.
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