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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 Hideawayon Feb 13, 2015 3:37pm
138 Views
Post# 23428515

RE:CALLED PE

RE:CALLED PEThanks for posting the update re your telecon with PE. The SP drop was unusual and your comments allayed some of my concerns. At least PE was prompt with the return call although his comments regarding Tuzo  are difficult to understand. However, like him; I am also holding for the dividend payments,but I'm also anticipating a significant increase in the SP by the time the dividend is payable {in the $15 to $20 range}. 

Best wishes for a successful operation on Tuesday and hope you have a speedy and uneventful recovery.
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