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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 likearockon Feb 07, 2004 11:13am
340 Views
Post# 7018272

MPV (locked In)

MPV (locked In)I have been involved with TAH for the last month or so and it has sure proved the point that getting a early position in these late stage Canadian Diamond stocks is very profitable. I have my position in MPV and CFV and believe with the current supply-demand situation debeers will move this project ahead as fast as possible. It also appears to me that the whole Canadian Diamond scene is receiving alot of attention. IMO we are under valued compared to some of the other diamond stocks out there that may or( may not) have huge potential). We are late stage and that will pay off, maybe not tomorrow or next week, but soon. regards likearock
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