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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 DenvCol1on Mar 23, 2014 8:21pm
140 Views
Post# 22358093

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

RE:RE:RE:Mountain Province: Positive and Exciting Spin !!!Hello, Rdgeo! If I lived in my favorite city in Canada, which is Calgary, I would come up to Red Deer on the weekend to visit you, and go with you to your favorite local pub! Rdgeo, we are talking about only a 4 month delay until early 2017 for start of production. We will most likely see a significant spike in the MPV stock price after start of construction in early 2015. It is not de Beers' or MPV's fault that start of construction is being delayed. The 2 companies cannot start construction until they get the water permit. And then they have to wait for the opening of the winter road in early 2015. 2 years later is early 2017, when the Gahcho Kue mine will be completed and ready for production. I am asking you to be patient because we don't have any choice. Certainly, none of us are going to go against the Canadian governmental authorities!
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