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 DenvCol1on Dec 31, 2014 2:07pm

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Post# 23276313

RE:RE:RE:RE:RE:RE:RE:press releases and news

Maurice, I agree this is a good time to buy more Mountain Province at a cheap price. For the Americans, we can also take advantage of the price drop of MDM due to the drop in the Canadian Dollar. I also bought more MDM today. However, I don't think "fear" is driving the price of MPV of MDM. There is a little impatience with the financing announcement and the desire to get "our baby, to use Rdgeo's words" into production. Watch Mountain Province "move up like a rocket" when the mine gets close to production. 2016 will be a very exciting year!

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