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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 THEBIGM27on Sep 01, 2007 8:15am
308 Views
Post# 13331559

RE: Major holders will not make a profit at $5.

RE: Major holders will not make a profit at $5.rule of thumb,in a takeover,shore will not see dollar for dollar in ground value,sorry,its never been done,you got to look at winspear takeover from debeers,and they got 10 percent of inground value,between winspear and aber they got a wee bit over 500 million,now to shore,same deal for them,NO ONE pays for potential,just whats proven,and shores proven up 4.5 billion worth,and ten percent of that is a cool 450 mill,and thats were the price is going,why do you think debeers and krt walked,COME ON FOLKS WAKE, THE PUCK UP ALLREADY,GEEZ.YOU WANT MORE,THEN PROVE UP MORE,AND THAT GOING TO COST MORE DILUTION,AND LOTS OF TIME,AND WHEN THAT HAPPENS,THE DOLLAR VALUE COULD GO DOWN ALOT FURTHER FOR SHAREHOLDERS,BOY YOU GOT TO LOVE HOW MATH WORKS HUH.DILUTION IS THE SILENT KILLER FOR SHAREHOLDERS,NOT INSIDERS,FOR THEY GIVE THEMSELFS CHEAPIES.JMHO.
Bullboard Posts