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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 briton Apr 09, 2009 10:34am
215 Views
Post# 15907644

RE: RE: Marine2 - cbrit

RE: RE: Marine2 - cbritHey cbrit,

Only 5 times have I put a poster on IGNORE, but Marine finally met the requirements. It's sad to see him so blinded by GGL.  Even reasonable advice given him has had no effect.

He should have done some smart tax-planning back in November, and moved on.

As for MPV, patience, and some continued accumulation on weakness will bode well for us who are within striking distance of retirement.

Cheers,

Brit
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