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 Macloud1on Sep 03, 2014 11:09pm

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Post# 22904150

RE:RE:RE:RE:RE:RE:RE:RE:Suggestion On RRSP Holdings

You made a statement that you and your wife have transferred most of your MPV out of your RRIF . I am assuming it is either in your Cash account or your TFSA account. If you did that in Kind then the actual value of the shares ie: 1000 shares @5.00 equals $5,000.00 dollars in value. Even though it is in kInd you still have to declare the $5,000.00 as income in that year because when it is moved out of RRSP or RRIF in cash or in kind it is income. Hope this clears things up.

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