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 ValueSpotteron Dec 20, 2014 5:44pm

240 Views

Post# 23253065

RE:RE:RE:RE:RE:Financing or no financing this year

Nooooooo. ... the second stupidest thing I have heard is validating an investment decision after the fact. As for valuing MPV... I've been buying between 5.00 and 5.50. Dollar cost averaging and waiting... the longer it stays in this range the happier I am. Obviously if it stays around 5 for the next 6 months I will be happier than if it runs up. It all comes down to Gambling vs. Investing vs. Flipping. By now you should know that this is an investment not a junior mining play from back in the day. WAIT... NOW I GET IT... this board is used to the roller coaster. .. think of MPV as a long Sunday drive... out to the diamond mine. VS

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