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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 Wisdomwithageon Apr 27, 2016 7:10pm
160 Views
Post# 24817653

RE:RE:RE:RE:RE:Artificial diamonds ?????

RE:RE:RE:RE:RE:Artificial diamonds ?????Good points, rdgeo!
rdgeo44 wrote: Good morning WI. Are you questioning my statement that A;lberta is suffering from low oil prices? As an interested observer I can only comment on what I read & experience everyday. According to our local newspaper, even the fast food outlets are suffering & the full serve restaurants are definately suffering. Unfortunately it seems our oil production costs were allowed to rocket up when oil was $100 + a barrel & now the piper has to be paid. Our socialist government is forecasting a massive deficit in the next 3 years, as the royalties from oil & gas plummet and of course they dont know how to cut back. More government, more taxes, that's their mantra, common sense be damned. You ask, what do we do now? My suggestion is to be like an ostrich & bury your head in the sand until this has all passed over. Remember the words of Raymond Seitz (1940-?) "American history promotes the the idea of solving problems while British history suggests problems are to be managed. Americans are therefore given to reinventing the wheel whereas the British believe they invented the wheel in the first place". Have a great day & keep promoting our MPV......rdgeo


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