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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

Comment by explmanon Dec 16, 2021 12:09pm
342 Views
Post# 34237237

RE:RE:Star DIAM Mentioned (Wed, 15 Dec) - Summary by Will Purcell

RE:RE:Star DIAM Mentioned (Wed, 15 Dec) - Summary by Will PurcellIt is this kind of writing that tries to wrap a bit of unvarnished truth around the situation. For those expecting RT to write a big check, I suggest you look at their history of buying out minority partners. They dont. Worse case, they have somebody picking up a chunk of the tab (read risk), best case, the minority partner struggles to raise capital and gets diluted. Either way they win. Given our managements track record, do you think they will be able to raise the capital?
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