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Mountain Province Diamonds Inc T.MPVD

Alternate Symbol(s):  MPVDF

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

Comment by fishfanacticon Mar 12, 2014 6:55pm
222 Views
Post# 22316321

RE:RE:RO Has Yet To Be Announced By an Official NR Through the TSX

RE:RE:RO Has Yet To Be Announced By an Official NR Through the TSXi bought a substaintial amount of shares recently and am under water. Part of my DD was the article you posted by Bloomberg and the Jan 30 company update. In that update the message there says that the updated feasibility study should be released by the end of March and the company is going to talk more about financing. Im going to give the CEO a chance to address those items. If im satisfied with the answers i will keep the shares, if not they will be sold
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