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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 cbriton May 06, 2009 10:03am
285 Views
Post# 15970546

RE: RE: RE: Breakout soon???

RE: RE: RE: Breakout soon???Take a good look at the volume that took us down from over $4. There was no sell off, just some shakey hands and they've probably went away or have already got back in. I bought some 2 wks ago(what I could afford at the time) and have enough, so I'm not really interested in getting more. I'd say there's alot of shareholders who aren't even watching this like I am and hold an amount they're content with.
Even if the tech report is beyond my expectations, I still won't buy more. I happy with my holdings.
I also doubt that the news will come out towards the end of the week so today is a good bet.

cb
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