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 cbriton Sep 24, 2009 10:11am

635 Views

Post# 16334637

RE: RE: Rose coloured glasses

I am not here to slam SGF..not my point at all. Diamond mining, unlike anything else, is about money. Costs to mine vs revenue. Diamond mines need what I said...plain and simple and yes DB is a pain. However, MPV has three major shareholders and it's a tightly held stock. Do the math with MPV and we're at ~8 billion in diamonds with grade of 1.7 carats per tonne. It will be a mine and most likely MPV will get bought out and it won't be for $5/share. SGF shareholders that did not take advantage of the high returns, will be sorry. No support at these levels.

SGF cannot compare to MPV at all. Do the math.

cb

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