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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 gmdmsuon Jan 13, 2015 10:42am
189 Views
Post# 23313241

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:LOVE

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:LOVEWow, all this bickering back and forth. Let's face it, we are all beyond frustrated with MPV and to everyone that insist that this is a great buying opportunity should really rethink, unless you don't own any yet. I personally have held MPV for a very very long time and have more than enough shares and refuse to pour any additional money into it regardless of how low the price goes. I just had enough and I'm not going to make an investor number one mistake, and that is putting all your eggs in one basket. I have $11,000 of TFSA ($5500 mine and $5500 wife) and I am starting to nibble little by little at various oil stocks which pay dividends. Yes oil will probably go even lower but I will sure bet that it will eventually go up as it always does, as it is a commodity that everyone in the whole world needs
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