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

Bullboard Posts

Comment by cbriton Jan 10, 2010 8:52pm

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Post# 16661945

RE: Feasibility study, HW, Insider buying

Everyone must have faith in this project or you will sell and be very sorry later. I know what I will sell at but I will never sell all unless required to by law. I will always keep at least 25 or more. GK has billions worth of diamonds. How many billions will be determined over the mine life but I firmly believe it's much more than 6 billion. I keep thinking of the other pipes and of the true size of Tuzo which is not determined yet. Remember that DeBums didn't even want to continue drilling Tuzo.
When the big news comes, it`ll be unexpected and volume should take off before the NR .

cb

Bullboard Posts

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