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Star Diamond Corp T.DIAM

Alternate Symbol(s):  SHGDF

Metals & Mining Industrial Metals & Minerals
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

Star Diamond Corp
Bullboard Posts
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(2)
•••
Post by bbdiamondson Jan 28, 2014 8:51pm
637 Views
Post# 22145145

Let's recap....plus looking forward

Let's recap....plus looking forwardWell....turns out the tax loss selling lows held in nice.  The steady move higher is intact.

RBC has some large offers out at the 28cent range.  This continues.  It appears they are trying to shake out some more stock at these low prices.

Note the buying taking place right now.  House 01 (anonymous) is the large accumulator.  A sign of a major institution/insider/pro?

The MPMO office suggests the December 20th/2013 request for info from SGF is ready to close.  Permitting by end of March/April?

Looking forward:  A steady move beyond 25cents.  A buyout at 45 - 55cents?  

Note:  RBC was the company's investment banker in the past.  Will they be doing a "bought deal" in the near future to finance keeping the lights on beyond 2015...or perhaps more drilling to prove up further reserves?  A financing in the 75cent zone, moves this stock significantly higher into 2015....maybe $2.50?

Note the USA dollar.  Inferred is shooting up, on the sliding loonie.....

Things are looking up !!!  Is Dominion Diamonds in the market for a cheap, long life reserve?  Good luck to all.


Bullboard Posts
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