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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 100% interest in the Buffalo Hills Diamond Project, located approximately 400 kilometers northwest of Edmonton, 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 planet51aon Jun 24, 2004 12:07am
379 Views
Post# 7643483

Bottom Line

Bottom LineBottom line is they are doing what they said they would do, the reporting of the shaft material was forwarned, and only those that took advantage of this buying opportunity will be the winners. The grades are in line with the previous core's there are no surprises other than the colored fancies. In listening to Read this morning on the conference call, I am surprised there was any selling at all. The vertical shaft material confirmed the core's but also turned up some stones of size and color...."bonus". The game has just begun. In my opinion what was missing was the estimate of probable tonnage, which sets a whole different light on the comparison to Ekati & Diavik. After following many of the diamond folie's and promo's Shore gold is like a breath of fresh air, competant management, qualified people & focused direction. Debeerski's are probably shaking in their boots that the true value of FALC is about to be revealed in the coming results. I don't think there will be any "pie in the sky" results, but what is reported will be solid. In my opinion everyone should be thinking Horizontal instead of vertical. JMO Planet
Bullboard Posts

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