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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

Post by minedog2on Aug 17, 2005 12:25pm
298 Views
Post# 9423146

Its a matter of timing

Its a matter of timing Fellow investors this would include all resource investors not just the diamond play people.I to am perplexed by the lack of interest in mpv several months ago with a lots of help {thanks by the way} from fellow investors we rallied together and managed to get some publicity much to no avail.To be honest I am not all that surprized this stock is so tightly controled a rally at this point is almost imposible . Now does this mean its time to sell mpv and look elsewere .I think not Ive just got back from dublin and had a long chat as to the coarse of this play . ok You might get an offer from our parent company reguarding a take over but believe me its going now were.I am not surprized Jan is selling knowing ,and this is only a guess . Its going to be a long wait but if when mpv does take off you think you have the timing to step in and get a piece when only 25000 a day trades good luck .As for me Ive still held on to some abz 9 plus years seen many rallies in hind site should have sold 2years back but its a matter of timeing believe me mpv is no 9 dollar stock and I am not missing the boat . Good luck all P.s. 6years 25 plus you can hold me to that
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