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 Shnappson Jan 10, 2013 10:20am

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Post# 20819798

RE: Flippers Being Weaned

Fellow MPVers , don't worry about short term SP at this point. There are always people ready to take a profit .( 3.50 to 4.50 is a nice profit ) That is what makes a market. If there were no sellers we would all be in fixed income .

The difficulty with MPV at this stage is getting back in . Still a very thinly traded stock. Trying to move positions of any size is difficult . You may have to eat your lunch . The end game is sight . ( It really is ) .

At this point I think investors will trump traders. EIR report due July 2013 , permit right behind it . I'm sure the actual mine building project is well underway.

Start pumping ... Kennedy Lake that is . GK too .

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