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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 DenvCol1on Dec 16, 2015 9:25pm
201 Views
Post# 24390385

RE:RE:Reply to Rdgeo

RE:RE:Reply to RdgeoRdgeo, I think we will see $7 to $10 per share{Canadian} by the end of 2016. I admit that I have been negatively influenced by the massive downturn in the mineral resource portion of the Canadian economy. Even though I have been pounded by the large drop in the Canadian Dollar in relation to the U. S. Dollar, I am not ready to close the door on the Canadian economy and throw away the key. Gatcho Kue is too important to walk away from. Merry Christmas to everyone on this bullboard. If some of you are not Christian, Happy Holidays!
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