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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 crockyon Jan 02, 2009 9:59pm
519 Views
Post# 15679335

RE: why is the share going up?

RE: why is the share going up?They aren't laying off employees. Nuna Logistics is finished their Large Diameter Drilling for this phase. There are no more holes required from the 2 kimberlites. The current contract has expired and work complete. Shore has so many bags of kimberlite to process that they are unable to handle them with their own Dense Media Separation plant and had to send a lot of it away to be handled elsewhere. So the last thing they need is another mini-bulk sampe from Nuna. They'll likely come back later when work is required on other kimberlites.
Crocky
Bullboard Posts