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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 buurrt9779on Aug 23, 2012 8:02pm
155 Views
Post# 20254450

RE: Share Price

RE: Share Price

Well I'm with you there it makes no sense. Can't be daytraders as they'd make no money.Is it db/anglo keeping the share price down? As I posted earlier the next catalyst will be the EIR completion late this year or early next. If favorarble I think db will then make a move. But keep the price down then make a lowball offer of say $ 7-8 .Which will obviously rejected.The games people play. Unfortunately with such a small float available in a tightly held stock they can get away with it.....for a while!

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