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 Sep 29, 2009 12:25pm

299 Views

Post# 16347119

RE: $8 to $20

You are so observant as to the current value of MPV. Yes future value is speculation but again, we do live in a free society where we can voice our opinions but I'm certain most shareholders don't feel value will remain as such in the future. If you feel the value of MPV is true, then sell all your shares now, if you have any, and move on.
I too believe MPV will be worth well over $10, yes $10 because of CURRENT information such as value in the ground.
Evans has said that Stockhouse followers are few, and opinions here mean absolutely nothing to the effects of share price. Those that are concerned about anyone speculating price, it's OK.

cb

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