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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
Comment by Saskatoonboyon Mar 23, 2007 4:25pm
567 Views
Post# 12479395

RE: mill deal

RE: mill dealIt's obvious why or what does this have to do with Shore? There are only so many labourers, trained or otherwise to go around in Saskatchewan. If the mill reopens there will be that fewer people, who are looking for work, available to work at the Shore site. The bottom line is, if there is not a viable labour pool to draw from to develop and operate the mine, it does not matter how many diamonds there are, they don't work their way onto people's ring fingers by magic. The human labour factor for the development of a mine is a huge influence on the viablility of this venture. Shrunken labour pool means increase in wages to attract people, equals higher capital expeditures to build and run mine. When still in the early development phases that Shore is in, it affects the economic model that they are trying to develop. Just look at the oil sands in Alberta. Wages are sky high, affecting the costs of projects for Suncor and others. Does Shore have the ability to compete with an oilsands wage structure? You tell me!!!! Or anyone else out there who has an intellectual opinion.
Bullboard Posts