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 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

Star Diamond Corp

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Post by leakeybillon Mar 24, 2006 10:54am

492 Views

Post# 10548035

Shore to Increase Holdings

Forest Gate stock since the lawsuit and confusion in the Falc with the joint venture partners has reached a all time low. Shore need to own the Falc and have opportunities that are 100% so they can move quickly and agressively. Watch for a Shore Takeout of Forest Gate. It only make sense, it will be a paper transaction, forest gate has 5 million in the bank, and enterprise value of about 20 million and 3 good prospective areas. 30 million in paper to tie up more the falc, either the falc holds the future of diamonds or it doesn't. What is your opinion? Mine is about 40 million in paper. IMHO

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