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

Bullboard Posts

Comment by norbu1on Feb 10, 2014 3:01pm

199 Views

Post# 22192222

RE:RE:RE:RE:RE:RE:The Effect of Tuzo on Mountain Province

I've been holding MPV for about 5 years now and it has been good to me, by playing on dips and KDI. What is wrong with a selling off of MPV so long as shareholders are generously rewarded? That is my goal, to make a decent profit from my original entry point. PE's past history seems to align with what I want: someone who can take the project to a point of realization with an increase in valuation. So, whether MPV is sold of to DeBeers or someone else is no skin off my nose, so long as we MPVers make a ton of cash. Holding 5 years seems long to me, but I have full sympathy for the longtimers who have been holding for 10-20 years.

Bullboard Posts

Global Tungsten Market and Supply Security