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 cbriton Oct 03, 2008 1:07am

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Post# 15501898

RE: Freedom 55

I won't say where I feel MPV will go because I don't have the faintest idea. Heck. Maybe next week we'll be at $5 because of a final announcement or we'll be at $2.50. All I know is that even with my market patience, I'm ticked at myself for not taking profits by selling 50% of my holdings when MPV was over $5......... and ticked for not selling the 1000 shares at $3.70 that I bought at $2.70.
Kim Cramer says it alot "Buy and hold is ridiculous. Take profits and move on"
Those who have averages below $5, will do well.But when?

cb

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