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

Bullboard Posts

Post by whiteirishon Jan 21, 2015 10:55pm

206 Views

Post# 23346911

MDM

I just set STOP sells at $4.02 on 10% of my holdings. No goodnews for a while, please.

Discussions are NYMEX oil may fall to $26 if it can't hold $38 - terrible. Canada may have to cheapen it's dollar even more - discussions of $1.30 CDN to USD.

Euro may go to $1.07 USD from here after ECB QE.

US won't QE until 2nd half of 2015.

The problem with QE is it doesn't increase DEMAND - it just cheapens currency.

Ugly.

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