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Bullboard - Stock Discussion Forum Arctic Star Exploration Corp V.ADD

Alternate Symbol(s):  ASDZF

Arctic Star Exploration Corp. is a natural resource company. It is engaged in the acquisition, exploration, and development of mineral properties. Its projects include Diagras Diamond Project, Timantti Diamond Project, and Stein Diamond Project. The Diagras Diamond Project is located in the north-eastern part of the prolific Lac de Gras kimberlite field, approximately 22 kilometers (km) north... see more

TSXV:ADD - Post Discussion

Arctic Star Exploration Corp > Canadian Diamond and Russian Sanctions
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Post by cyclops on Feb 28, 2022 7:42pm

Canadian Diamond and Russian Sanctions

Russia is the biggest producer of diamonds alright. But the west is putting sanctions because of Ukraine conflict. Diamond industry in Russia will be heavily affected, such as shipping, selling, tax raise, and some protest against their products. Canada is not yet much in the spot light. Arctic Star is drilling on Canadian land. And there is a surge of demand of diamond after the heavy pandemic lockdown. Plus the prices of diamond is rising due to lack of inventory, and so including Russia will have limited production and selling capability for diamonds. So what it means is that it is a great opportunity for Arctic Star to shine really. What do you guys think?
Comment by CLOUDER on Mar 01, 2022 9:21am
cyclops,   you may have only 1 eye   but you see things very,very,  clearly  man.   and better than the vast majority do. I still say that there is some thing going on with  RIO, and we are going to know soon     to many   hmmmmm`s     man.
Comment by cyclops on Mar 01, 2022 10:06pm
Thank you Clouder. Though this is a good opportunity for many industries, but I really feel bad about the war. Russian currency fell dramatically. So many aspects of their economy are going to fall.
Comment by Bigoil2113 on Mar 06, 2022 12:18am
https://apple.news/ACz0t-uFTRnWoJ-nX2wjasg
Comment by cyclops on Mar 07, 2022 10:39pm
Russian sanctions are getting serious and worse. Russia's Alrosa company is getting a direct heavy hit. This includes from all side, such as shipping delays, frozen funds, and protest against the company Alrosa. The online jewelry store https://www.brilliantearth.com/ even removed Russian mined diamonds from their website because it is not ethically sourced. So this only means alternative ...more  
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