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

Comment by SCORPION17on Nov 20, 2003 8:15pm

229 Views

Post# 6680274

RE: TAKEOVER -- Only when its a done deal.

Red, Thanks for shorting MPV (as if) and thanks for having to cover today. You single handedly helped drive the price up to new 52 week highs. Why a buyout? The more they drill, the more they will pay later. Faraday and Kelvin will add significant tonnage after this winters' drill program. You were so high on the play in Feb and March and then sold too early now you pee all over the play while the ones that held are enjoying new 52 week highs. ROTFLMAO while I make paper money hand over fist and wait for a buyout.

Bullboard Posts

Gold begins to flow at Endeavour's Lafigué mine in Côte d'Ivoire