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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Post by stocktaon Jun 29, 2005 8:18pm

308 Views

Post# 9226291

Selling are you joking?

Who would sell after this news LOL, LOL, LOL I will be trying to buy more tomorrow if I can below $4, a 50% return in a month is a good thing last time I checked. I think the big institutions will open the floodgates now that the PFS is out and there is even less risk. What a nice thing to tell your unit holders, "I invested your money into a stock that will be partners in a diamond mine or be bought out at a 50% return minimum from these prices". Please sell, but only to me!!

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