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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 rdgeo44on May 25, 2015 8:59pm
141 Views
Post# 23763109

RE:RE:RE:A Word on Patience

RE:RE:RE:A Word on PatienceHey Mac I hear you brother. I've been with MPV since 1995 when it was trading over $6, just think how many steak dinners & bottles of fine wine we investors have paid for, for all the management teams as they have come & gone. However no point in looking backwards we are finally on the way to what I believe will be a good payout. Interesting to see KDI surging ahead of MPV today, why? They are dependant on MPV for processing their diamonds to make their dreams come true, but it does show the strength of the decision PE made to keep KDI separate, good move. Have a great week all & remember the words of John Milton(1608-1674) 'They also serve who only stand and wait". Have a great week & hopefully our patience will be rewarded.......rdgeo
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