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

Bullboard Posts

Comment by cbriton Jan 06, 2013 12:43pm

155 Views

Post# 20803126

RE: RE: RE: RE: Mountain Province/Kennady Diamonds

and everyone cannot forget that DB did not want to continue drilling TUZO. It was MPV who ORDERED DB to continue. Then what happened?

IMO KL will fly and fly high. It'll be as big as GK and we own 100% plus look at the shares outstanding. Heck, maybe KL will get bought out before MPV.

There are so many scenerios and so much potential, especially if you retained your KL shares.

cb

Bullboard Posts

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