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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 oddykogon Jul 17, 2008 2:20pm
1214 Views
Post# 15303265

RE: MFC Global - shore a sell in June

RE: MFC Global - shore a sell in JuneI have been out of Shore for a while, but keep watching for an entry point.  The article you quote certainly did not help.  Looks as if the price will fall below $2.  I suspect that as the company said,  the resource at Star will come in better than the recent official estimate for all the reasons given but now that the share price is this low it will require dilution to get the capital to build a mine or Shore will have to give up more of the resource to Newmont and let them develop the project as majority shareholder.  I therefore continue to wait on the sidelines.  At some stage the value in the share price is so compelling that one needs to take the plunge.
Bullboard Posts