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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 Macloud1on Mar 22, 2014 1:14am
227 Views
Post# 22355064

RE:Mountain Province: Positive and Exciting Spin !!!

RE:Mountain Province: Positive and Exciting Spin !!!Denver that is a big ditto for me.( In case you don't know the term, ditto means "the same" in legal terminology. I agree a buying opportunity . Since I have been invested in this company 2000, whenever debeers came out with negative news it was always followed up with vewry positive news from their unwanted partner MPV. They used the same tactic back in early 2000's when they were buying up MPV shares. The only thing i am worried about is that they might be downplaying the Gachue Kue project for an alterior motive since they are already aware of the TUZO results and the new resource calculation to be released soon. They always downplay any project they are involved in so as not to awaken any rival companies. I still believe they want to go Gachue Kue alone. 
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