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

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Comment by whiteirishon May 20, 2016 1:53am

193 Views

Post# 24891292

RE:This is the year we start mining ?

<<Does anyone remember when MPV was under $1.00 ? >>

Does anyone know why it went under a dollar ? Anyone, anyone ?

https://www.youtube.com/watch?v=uhiCFdWeQfA

Funds that held MPV also held financial and other stocks that were collapsing, and selling good stocks, like MPV, was the only way they could cover their redemptions for the bad stocks.

Don't get caught in this maelstrom again.

Not that it can ever happen again.

GLTA