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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 Dec 30, 2009 7:05pm
651 Views
Post# 16627629

RE: First time post.

RE: First time post.Be aware of the ever lengthening time lines for significant news with this company. I believe that Duffer's handicap was a lot lower when he first started into this play, if you get my drift.
IR doesn't really know what the schedule for news is , within 1 quarter. For some reason a writer following up on the prefeas. report from Shore got the idea ( from George Read? ) that a Bankable Feasibility Study for the new 2 pit mine ( and hence the 'Go/No Go ' decision ) isn't likely until the end of 2010. George's presentation in London also leaves any time lines wide open. The article really casts some doubts on the economics of the play and methodologies Shore has used for producing their numbers . https://www.miningmarkets.ca/issues/story.aspx?aid=1000346341

Been burned too many times with this thing to believe their forecasts , yet again.

Crocky

Bullboard Posts