Mountain Province Diamonds Inc T.MPVD

Alternate Symbol(s): MPVDF

Metals & Mining Industrial Metals & Minerals

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.

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Mountain Province Diamonds Inc

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Comment by cbriton Dec 23, 2012 9:33am

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Post# 20767147

RE: RE: RE: RE: RE: RE: Mountain Province Potentia

I think all the permitting/paperwork will be done by the end of 2013. I do believe they have already started shipping building materials and most know that a mine will be built. No body in their right mind would say otherwise......lots of money has been spent to get this far. I'd wager a guess that mining will start in a max of 3 years. So by then we should be over $10. Once mining starts, well lets just say more big diamonds will pop up and so will the share price. If we are still MPV shareholders in 4 years, we should be close to $15

All my speculation. A buyout ....who knows but I'd be shocked if TIG's sell less than $15

cb

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