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.

TSX:MPVD - Post by User

Mountain Province Diamonds Inc

Bullboard Posts

Comment by Wisdomwithageon Apr 26, 2016 12:23pm

149 Views

Post# 24810823

RE:RE:Artificial diamonds ?????

Well put Shnapps!

Shnapps wrote:
Rdgeo: I have a good friend who's a very successful jeweler. He says he can spot an artificial stone in seconds. He has almost no requests for synthetic diamonds. His explanation , diamonds have been created by natural forces deep in the earth over billions of years. Synthetic stones were made in an industrial strip mall last week. He won't sell you one.

The precious stones have captured ( thanks to Debeers) the hearts , souls and imaginations of lovers all over the world. Giving a loved one a fake diamond would be a big mistake. They are small ( one carat or less) and she would find out as soon as she visited a jeweler. That would likely not go over well.

The other market , the wealthy would not consider synthetic stones period. Kind of like buying a counterfeit Rolex. Whats the point.