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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
Comment by Journeyon Oct 31, 2003 10:55pm
291 Views
Post# 6589643

RE: Don't fret fellas........

RE: Don't fret fellas........Exactly. One large stone will shake the diamond world. KRT had a 10.23 or .32 whatever, and the stock shot up 104% in one intraday of trading. In the markets eyes, SGF is doing a BULK SAMPLE. If, during the course of the BULK sample, a gem quality diamond of greater than the 10.23 from KRT is announced, the stock will go absolutely ballistic on the upside!!!! Why, because it would represent the second confirmation of a large diamond from FALC pipes in reasonable proximity to each other; and secondly, there would be less breakage in a bulk sample than in RC drilling supporting the assumption that more of such diamonds will turn up in the mix. Such an annoucement, especially, if it is a few stones of that type, will skyrocket SGF to almost $20 in panic buying in a matter of weeks - so hang on to your shares. The above is only a extrapolated and speculative scenario and it implies the theory is such stone or stones turn up in the first or second news release of the processing of the first 5,000 tons. Shore sounds nice to me. J
Bullboard Posts