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

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Comment by briton Feb 03, 2006 3:48pm

251 Views

Post# 10302337

RE: Nick Oppenheimer runs the Show

Hey Zorro, Your statement "...you people have not made the slightest effort to defend this company with any serious arguments..." doesn't make too much sense. Why do those of us who have been in this one since the sub $1 range, or for that matter sub $2 range have to rationalize how the stock has performed? Most of us did our dd some time ago, and reasoned that MPV was, to those with patience, a solid investment. Case made! I think seriously that if you really belive what you're saying, you should defend YOUR remarks by shorting it. But don't quit your day job.

Cheers, Brit