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Star Diamond Corp T.DIAM

Alternate Symbol(s):  SHGDF

Star Diamond Corporation is a Canada-based company engaged in the acquisition, exploration and development of mineral properties. Its primary asset is its 100% interest in the Fort a la Corne property, which is located in central Saskatchewan. Its Fort a La Corne Diamond Project includes Star and Orion South Kimberlites. These kimberlites are in close proximity to established infrastructure, including paved highways and the electrical power grid. The Star-Orion South Diamond Project is located within the Fort a la Corne diamond district of central Saskatchewan, Canada. These Fort a la Corne mineral dispositions are located in the Fort a la Corne Provincial Forest, approximately 60 kilometers (km) east of Prince Albert, Saskatchewan. It also holds a 50% interest in the exploration and evaluation properties and assets of the Buffalo Hills JV located in north-central Alberta, Canada. The property covers a total of 21 mineral leases covering an area of approximately 4,800 hectares (ha).


TSX:DIAM - Post by User

Bullboard Posts
Post by Sm00thon May 30, 2007 11:25am
592 Views
Post# 12863117

Technical Analysis

Technical Analysisif you take a look at the 2 year chart: https://www.stockhouse.com/comp_info.asp?drawChart=1&originalSymbol=SGF&economy=0&originalTable=list&advanced=1&chart_symbol=T.SGF&priceDisplay=1&duration=24&moveavg1=&moveavg2=&movecolor1=ff3300&movecolor2=66cc66&addchart=0&Submit.x=75&Submit.y=15&Submit=Draw+Chart As i've pointed out before, you can clearly see that we are still in an obvious 2 year double tittie formation. The 2nd Breast is nearly complete. Look for support around the $4.50 range. If we break that resistance level then look out below. If the $4.50 range holds then we will trade in a sideways channel for a few months, probably until the Orion South or Star results are released. Of course this could all be thrown off if the hillbillies who run this thing and sold near the high would step up here and make a statement purchase or two in the open market. but hey why should they use their money to buy this stock when they get free/cheap options. all my opinions.
Bullboard Posts