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.

TSX:MPVD - Post by User

Mountain Province Diamonds Inc

Bullboard Posts

Post by diamondminderon Feb 27, 2009 12:40pm

278 Views

Post# 15808780

Even Warren Buffett had a bad 2008

Financial Post: Even Warren Buffett had a very bad 2008

Here is a quote from the Financial Post about how even the Oracle of Omaha took a soaking recently.

"Berkshire's shares have lost close to half their value since December, 2007. The B shares closed yesterday at US$2,564.00...Their 52-week high is US$4,700...Investment losses have piled up as stock markets tumble...tens of billions of dollars are at risk on derivative contracts that depend on stocks rising..."

Here is a link to the news story.
https://www.financialpost.com/news/story.html?id=1333566

Input and feedback are always welcome