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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 minedog2on Apr 20, 2010 11:11am
289 Views
Post# 17010643

RE: Great upside today !!!

RE: Great upside today !!!We all might get a little frustrated with this but we will have the last laugh .!!!This stock is the tighest held I have ever seen Its our biggest problem in the short term but given the long term most of are not going to sell for 20 bucks production not far, stock markets looking better and diamond supply very tight ,prices climbing on chinese demand ,its the perfect storm .Ill hold on tightly, its been almost 15 years since abz and I sure ill seem another one even swy great upside And that stock has the oposite problem to mpv there are so many shares out there everyone has some .I am still adding to mpv as I can afford so pull backs do not bother me.  I dont want a buy out lets go for production and 50 bucks!!!!! (think about it diamond prices twice todays spot price ,power to the mine ops 25%less than diavik or ekati those 25 carrot stones hidding  behind 9 .9 carrot stones )Its not easy to sit back on this one but long wait getting closer Mid year this feasablity will be done .I have chatted with friends in nwt gov there are pushing hard for this project the nwt needs the rev in a big way as well as jobs .People leaving nwt in droves airlines need buisness exploration needs as well .Ill bet we see 50 bucks sooner than later. 6 month price will start its true rise by 18months we will be building, production just around corner 50 bucks !!!Just like ABZ DIA  the great nwt diamond story far from over !!!
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