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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

Comment by shambanoon May 03, 2007 12:00am
263 Views
Post# 12716412

RE: No matter what

RE: No matter what The way I see it, sham, you've been shammed, and your take on things is as was intended. I hate when that happens but I also suspected DeBums are not in a big hurry to move this deposit to a mine. Of course things change but with DeBums they change very slowly and investors and shareholders get tired and move on to other plays. I'm still here and I recently traded CFV for more MPV, mind you I should have been loading up my pickup truck on that deal, that was a no brainer, but it's funny how many of these no-brainers I keep missing. Cheers and GLA
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