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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 Apr 23, 2010 12:23pm
465 Views
Post# 17024342

big bucks

big bucks  well its good to see this finaly rally.BUT are YOU SELLERS NUTS !!!!!! IN TWO MONTH TIME THIS WILL BE 5 +++BUCKS HANDS DOWN mpv is so tightly held and some large insitution will want a piece .every one in the world is starting to take notice of the fact we are running a very tight diamond supply .MPV is the largest new diamond mine in the world !!!! When next report and eas study come out a lot of mutuals will get the go ahead to buy how much do you think it will take to double the current price .I figure the last three days ralley was what less than 20000 +or- shares .Now try a 1000000 shares if someone were to want that kind of chunk what would they pay ,my bet 7.5 at least go back to 1996 97 and look   its the volume thats the key this is still to thin to be the rally we are hoping for {BUT I LLOVE IT ANYWAYS}
by the way I know at least two fund managers  res guys need the go ahead to buy ,they are waiting on the sidelines.final feas and enviro and away we go!!!
ps I hate typing on an Iphone
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