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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 whiteirishon Jul 09, 2010 10:23pm
324 Views
Post# 17259048

RE: Sooner rather than later

RE: Sooner rather than laterAgreed 100%  - sooner please.  I've held the stock for 12 years and the saying, "Never fall inlove with a stock", could not be truer.
This Yank sees a double dip recession ahead, or a depression, or the attempted reorganization of the US economy away from capitalism.  We are entering the 1930s all over again.  Keynesian economics was proven not to work, but we are trying it again.  Our deficit is 10% of our weak GDP. - the worst since1945.  Good luck to all.

QUOTE from Henry Morgenthau --SECRETARY OF TREASURY under FDR May 1939


"We have tried spending money. We are spending more than we have ever spent before and it does not work. And I have just one interest, and if I am wrong...somebody else can have my job. I want to see this country prosperous. I want to see people get a job. I want to see people get enough to eat. We have never made good on our promises...I say after eight years of this Administration we have just as much unemployment as when we started.... And an enormous debt to boot!"
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