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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 garygpon Sep 03, 2014 12:48pm
187 Views
Post# 22901690

RE:RE:RE:Suggestion On RRSP Holdings

RE:RE:RE:Suggestion On RRSP HoldingsFor any Canadian investors on this board, a TFSA is THE way to invest in MPV if you feel exceptional or huge gains are to be realised. All of the gain in a TFSA is protected, or tax free. An RRSP is fine as well but as one poster noted, there will still be taxes due at the individuals (your) marginal rate of tax. As an aside, those that put their dividends from investments inside a TFSA, really lose their ability to capitalize on their returns. Gary.
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