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 mwormseron Feb 14, 2015 1:40pm

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Post# 23430546

RE:CALLED PE

Sorry to be skeptical but do you really think the TIGS bought shares just to get the one dollar dividend in 2 - 3 years? DD just bought 5 million shares at $5+. So he lost 25 cents. That's 1.25 million he just lost and he doesn't care about the stock price. Why?

"For what it's worth he stated that he and DD are in this not so much for the share price as for the dividend which is why he has purchased 1.5m shares over the past year and a half."

Martin

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