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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 gmdmsuon Dec 20, 2007 6:44pm
244 Views
Post# 14055510

RE: tax loss selling

RE: tax loss sellingThat is why what I've said all along holds true. 1) I've sold enough shares to cover what I had originally put in, the rest of the shares I hold is gravy/profit. 2) My target selling price for the remainder of my shares is $8-$10 range, no less no more. If and when that is achieved, I will no longer be an MPV shareholder. I've heard and seen to many horror stories in the past and learned first hand that what goes up must come down. I'm not a greedy person, and I don't expect or dream that MPV will one day make me retire early. In the end I will be confortable with the decision I've made weather the stock reaches $10, $15, $20 or more...that's what counts.
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