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 Feb 20, 2014 8:15am

163 Views

Post# 22228874

RE:Will Purcell (sigh )

I don't have a problem with Purcell. He's always got a bone. Obviously Debeers will go for a lower model ( 33% irr), it is in their interest and game plan. As long as everyone realizes that we don't have an issue.
The model has nowhere to go but up. There has been no accounting for quality or increased quantity . KDI drilling also suggests this resource is undervalued.

Good time to be an investor in MPV. Better get on board Will.

Bullboard Posts

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