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

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Comment by catsaftermeon Apr 24, 2014 12:24pm

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Post# 22486687

RE:RE:RE:MPV founders seed $2m market cap Margaret Lake Diamonds

I find it hillarious and amusing that Margaritaville Diamonds embarks on a social media campaign to promote a less than relevant new diamond play in the NW territories. I mean, the most advanced projects are barely above the threshold of relevance to 99.9999% of investors, with the exception of us nutjobs here, most mof whom are stuck in this and wish out! I'm not sure if a less relevant investment thesis exists than something like Margaritaville Diamonds. Maybe space dust?

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