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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 cbriton Apr 22, 2010 6:13pm
443 Views
Post# 17021577

Just a matter of time

Just a matter of time

More ups than downs and the action today tells me we're close. There's no pump and dump here. It's all about feasibility and EIS getting cleared. Both at once would be sweet. IMO, when it happens 10 bucks will happen fast. Real fast. Just look what happened 1995.  ....15 years ago..wow. Glad I only bought in 7 years ago or I probably would have given up.

In one year GK will be building a mine my fellow patient ones.

cb

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