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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

Post by minedog2on Mar 26, 2010 12:53pm
404 Views
Post# 16928525

market cap

market cap  Is it the general consenses that the market hates debeers or sees a major problem with financing ?Sgf market cap 184 million Not my favorite project  cant see it making me a fortune  .Swy looking better every day 170 million my guess will double this year ,even pgd 6 to 7 years to catch up to pier group market cap 157 million .And hear we sit lowlly old mpv been in the buisness longer than anyone and for what 126 million market cap ?maybe it a screaming buy, maybe we will wait another ten years !! Lets hope debeers need the cash and sells I think its the fastest way out of the rut .But only months away from good news !!!!might change the whole thing 
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