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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 jboomboomon Jan 17, 2012 4:40pm
418 Views
Post# 19414145

levering mpv

levering mpv

it came as a shock when i checked up on the institutional participation in mpv noticing that the cpp had dropped mpv. it bothered me.

 

  it shows a lack of insight our simple minded government has for a rapidly dwindling supply of precious commodities moreover the enormous leverage its hold over the market. mpv is as good a sleeping giant i've ever had the fortune to hold yet somehow the fact that billions in the ground have little or no interest to those that could all but nationalize the industry bringing their enormous returns to a drooling market is lost on those who stand most to gain...it goes further in demonstrating the tunnel vision harper and flaherty have in developing/enhancing/leveraging the north.  it seems to me they're lazy wanting only to tap the ecologically questionable reserves in the oil sands and what horrors they can unleash from overperseverant coal extraction and potash. its not just the case of whipping the dead horse but more of selling the carcass off the beast as ground green chuck.

its the fUqu..u attitude of the priveleged.....the ever lowering return in the race for the bottom...self satisfied sitting pat on the turdheap...content knowing they can sell their putrid wares for the best price...to a steadily sickened clientel.

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