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

Bullboard Posts

Comment by minedog2on Sep 15, 2015 10:43am

131 Views

Post# 24104782

RE:RE:Down 25% since June

Well said dev ,yeah your right .its not Canadian unless their is a lot of grief getting the project online .diamonds like all commodities are going through a rough pricing spell . Welcome to the world of deflation ! It's getting harder and harder to import inflation .its the reason I have always stuck investing in 10 year plus mine pricing will return and share price will follow . But folks this one is already a stupid long wait to get to the market .
Noting to do but wait and see ,this one may follow me to the grave .lol
cheers Md

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