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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 tinytoton Sep 25, 2016 2:20pm
144 Views
Post# 25275797

OT - Need a penny gold stock

OT - Need a penny gold stockMy sister asked me to recommend a cheap gold stock. Unlike most of you, I think, I do not follow gold. About the only gold stock I am aware of is Integra, ICG,V., now selling at C$0.80/US$0.60.

Can anyone recommend a gold stock that sells for no more than ICG.V, and preferably less, (she wants a real penny stock,) and has as good as or better prospects than ICG.V

I have no stake in ICG,V and this post is neither to promote or bash it, it is simply the only yardstick I know of. So I am really not asking for comments about ICG.V, but about stocks that are as cheap or cheaper that you feel are superior. Please don't start a pissing contest over the merits of ICG.V., that is not what I am after.

Thanks in advance for any responses. If I get none, I will tell her to look at ICG.V.

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