Mountain Province Mining Inc.

• Developing premier diamond deposit with De Beers
• The earnings potential of this first project is huge
• De Beers has identified & tested five kimberlite bodies
• This is a world-class operation
• Diamond demand is expected to outstrip diamond supply

Key Facts

Business: Diamond Exploration
Listed: NASDAQ*
Symbol: MPVI*
Price (3/22/2000 Last): 0.96
Dow (3/22/2000 Close): 10,866.77
NASDAQ (3/22 Close): 4,864.75
S&P 500 (3/22 Close): 1,500.64
Russell 2000 (3/22): 571.40
52-Week Range: 0.75 - 2.81
Shares Out: 42,444,760**
Approximate Float: 19.1 million shares
Market Cap (3/22/2000): $40.7 million

* Also listed on the Toronto Exchange as MPV.
** Fully diluted shares are 44,622,460

Overview

MPVI, a diamond exploration & development company, has a joint venture (JV) with Monopros Ltd., a wholly owned subsidiary of De Beers Consolidated Mines. Diamond exploration may not be as glamorous as high tech, but this special situation has huge future potential. When I see that, I become very interested, regardless of the industry segment.

The JV, signed 3/97, gives De Beers the right to earn up to 60% of MPVI's AK property by funding the project to completion. That includes five stages: (1) An exploration program (done); (2) A mini-bulk sampling program (completed 5/99); (3) a bulk sampling program (completed 4/99, which earned De Beers an initial 51% interest in the property); (4) A feasibility study; & (5) Fund the development & construction of a commercial mine. The AK property consists of 250,000 acres in the Northwest Territories. At Kennady Lake in the AK property, MPVI has so far discovered five kimberlite bodies.

Kimberlite pipes or bodies are the very deep, generally cylindrical areas where ancient volcanic activity pushed rock that has diamonds in it up towards the surface from a depth of greater than 100 miles. The heat & pressure down at that depth created the diamonds. The rock that contains the diamonds was forced up to as close as 20 to 30 feet from the earth's surface.

De Beers tested four of the five pipes so far. One, designated 5034, was the first one to have relatively accurate content information generated by the bulk sampling that De Beers carried out.

...continued on next page, click here

Our Other Features

Editorials
Industry Commentary - Tony Velocci
Sneak Previews
Update Briefs
Important Strategies
Dow 30 Timing - Ken Coleman

Disclaimer: The public companies featured in the Research Reports or Corporate Profiles listed in the "Special Situation" section on the Home Page of www.WallStreetCorner.com (WSC) are our regular clients. Each such client, as of 12/1/2009, pays a modest cash fee for our three-month trial period, & on occasion may provide us with a negotiated number of Form 144 restricted shares as an incentive for our service. We may accept free-trading shares, but we usually hold such shares for the long pull – we do not engage in trading. Such fees are disclosed as part of the Research Report or Corporate Profile prepared & posted on the particular client company involved. The basic coverage provided to such clients primarily includes the preparation of their Research Report or Corporate Profile, posting it here at WallStreetCorner.com, & the distribution of email alerts to our international database of investors and financial professionals when their Report or Profile is initially posted, & each time their Report or Profile is subsequently updated. We expect our clients to work with us in a team effort by calling us each time they have achieved a significant milestone. We then update their Report or Profile & issue an additional email alert to our totally opt-in email database (as of December 2009, members of that database are from over 96 countries). The email distributions we make are a key element of our service -- those, as well as the updated Research Report or Corporate Profile are what together are designed to achieve a gradual buildup of new shareholders who generally hold for the long term. If you are an officer at a public company & want the exposure afforded at WallStreetCorner.com, email Larry Oakley at up415@aol.com or call him at 843-645-2729. Information displayed by WallStreetCorner in its Research Reports or Corporate Profiles, & in its editorial or other columns, does not constitute an offer to buy, sell, or trade a security of any kind, including stock. Larry Oakley, &/or WallStreetCorner.com, Inc., does not recommend that any person, institution, or other entity make any decisions or form any opinions, etc. based on the information on this site. All visitors to this site are urged to do two things before investing in any stock: (1) Call the company and ask questions -- if there is anything you do not like regarding such a call, pass -- our goal is to bring you a selection of what we feel are growth situations with good long-term appreciation potential, but you must accept the responsibility of making your own decisions regarding which situations to invest in -- do not give up that responsibility; and (2) Examine the company’s latest financial information usually available on the company’s web site, and consult a qualified financial professional before taking any actions in regards to buying, selling, or trading securities (stocks or other forms of equity). Companies covered in Conservative Speculator, a newsletter accessed from WallStreetCorner, or in any of Larry Oakley's other editorial venues ("Opinion," "Stock Pick," “Comment,” and "Bold Ventures" columns, or in any other editorial venue to which Larry contributes) do not pay for such editorial coverage; the companies Larry covers editorially have never, do not now, and never will be charged for editorial coverage. The only paid portions of WallStreetCorner.com are the Research Reports & Corporate Profiles plus the email distributions that are a part of the client’s package. On occasion, Larry Oakley shares his opinion regarding a private company or its product or service. Bear in mind that nothing at that special section is an investment possibility. To see that section, click where on the home page it says: “Click here to access our Special Emerging Growth Situations.” See the introductory portion of that special section for additional information regarding the material covered there. The service provided to our readers here at WallStreetCorner is on an "as is" basis only. Neither we, nor any licensor or third party provider of any component of the service or of any information delivered as part of the service, makes, & each expressly disclaims, any representation or warranty of any kind, whether expressed, implied, or arising out of course of dealing or usage, including without limitation any warranty of fitness for a particular purpose, noninfringement, noninterference with data, availability, accuracy, or that the service is error-free or secure. The service occasionally contains information provided by one or more third party persons or firms or other third party data providers. We do not control & are not responsible for the information provided by any such third party provider. We specifically are not responsible for any damages caused by non-delivery, delayed delivery, or the misdirected delivery of an email Alert, update, editorial, Special Situation coverage, or other information, inaccurate or incomplete information in an Alert, update, editorial, Special Situation coverage, or other information, or your reliance on or use of any Alert, update, editorial, Special Situation coverage, or other information. We assume no responsibility for the timeliness, deletion, mis-delivery, or accuracy of any editorials, Research Reports, Corporate Profiles, Special Situation coverage, or any & all other content at this site. In no event may we, or any licensor or third party provider of any component of our service or of any information delivered as part of the service, be liable for any consequential, indirect, special, exemplary, punitive, or similar damages arising from or related to the service, even if advised of the possibility of such.

WallStreetCorner.com
WallStreetCorner.com, Inc.