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.

TSX:MPVD - Post by User

Mountain Province Diamonds Inc

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Post by onlypsdon May 23, 2013 7:27pm

143 Views

Post# 21434188

KDI Valuation

What are the chances that the drilling results will all be negative? Not one sample hits kimberlite? That would seem statistically improbable. Can the Geologist's out there post because if just a few of those samples intersect kimberlite it would appear that KDI is very undervalued even at twice the current price. Stating the obvious again... but at two bucks KDI is worth $40 million and is still is only one tenth of MPV and one twentieth of the MPV - deBeers venture.

12ga, you seem to know a little about this area. Can you post?

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