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).

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Star Diamond Corp

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Comment by Risktaker7on May 13, 2009 7:18pm

575 Views

Post# 15991233

RE: Anything we didn't know???

There really isnt any surprises in the news release but you need to have a very long time frame to hold to stock.You should ask yourself these 4 questions before investing in this stock or any exploration stock.

How many years will it take before Shore Gold has a full scale producing mine?
Where will they get the money to build a mine from in this tough economic times?
Where will the demand for diamonds come from in this world recession?
What is their monthly burn rate for their cash before more money is needed?

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