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 buurrt9779on Oct 24, 2013 10:07am

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Post# 21844784

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:share price

Stornoway? Yikes! I'd have thought you'd had enough of plays like MPV...and this is a much poorer version. And yes unfortunately I own SWY. Bought in when Ira was in charge and it was then NEM. The only project they have now is Renard(secured from Ashton) which is a poor man's MPV.Very poor management no cash IRR of 18%....and 25 cpht as opposed to MPV's 170! So what's to like? Do your own DD and good luck.Only the Quebec govt is keeping this afloat all IMHO.

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