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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 catsaftermeon Apr 24, 2014 12:19pm
202 Views
Post# 22486659

RE:news and update

RE:news and updatepyrsquare, you are correct, its rare for any news lately to move this pig anywhere but down.  But I do remember in days gone by when significant news would come out and the stock would experience a mini fakeout in the opposite direction for a few days, and them it would suddenly reverse up and adjust significantly. I'd have to go back a ways to remember exactly when, and I wont waste my time doing it, but I distionctly remember it doing that.  Par for the course for the scum that run the stock.
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