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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 SunCasperon Aug 17, 2007 9:45pm
338 Views
Post# 13266216

Hi Marine

Hi MarineI also have this is in my RRSP Of all the stocks that I have, this one MPV, is the one I worry about the least. It can go down, up, or sidewise in 2007, 2008 and 2009, and makes no matter to me. I just know that it is going to be a mine one day, or we will be taken over by DB. It's all a matter of time. We both know that DB's is not going to anything but hard-nosed, that's their business style. Long and strong until 2012 if need be.
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