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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 Macloud1on Nov 03, 2012 8:48pm
232 Views
Post# 20559533

RE: RE: RE: Help Me Out....

RE: RE: RE: Help Me Out....

For further clarification. If you exercise all of your rights, you have the option to place an order for as many shares as you want want according to my brokerage firm, as long as I commit the funds to execute the transaction. The order will not be necessarily filled as it depends on how many unexecuted rights are out there, and my order will be filled prorated based on the number of unexecuted rights. If there are enough unexecuted rights to fill my order and everyone else orders under this option the orders will be filled. Only after this has been done if there are any remaining unexecuted rights , Botin will step in and pick up the rest.

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