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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Post by gmdmsuon Feb 23, 2010 7:33pm

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Post# 16812927

WOW, A lot of people buying

I've been reading a lot of posts here lately of people buying more or topping up their position in MPV by tens of thousands (average purchases 5,000 shares). WOW, either I'm doing something wrong and my yearly salary sucks (which I don't think) or a lot of people are bull$$hitting their position in MPV.
I mean, we're not talking a couple hundred shares, but people adding thousands of shares to their position...that's not chump change unless, like I said, I'm doing something wrong!!!

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