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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 19, 2010 4:06pm
435 Views
Post# 16696636

RE: RE: RE: RE: Time for a wake up call

RE: RE: RE: RE: Time for a wake up callI think you answered your own question. The crash has led to the stock price being what it is. To regain proper value will take time and more work , of some sort. No way can they get the shareprice up to a healthy level for a buyout, at this point in time. There are always negotiations happening in the background, especially at this stage of a play with biggies like Newmont, Rio and BHP in the mix. I will be happy if Ken and Shore are able to secure the best price possible for my shares but there is way too much uncertainty about the future. Clarification on Newmont's stance will help , to some degree. But if Shore and Newmont can't agree to a re-balancing price for the Star then it's status quo.
I guess I'd like some clarification about where we're at, where we're going and how long it will take. And this from an official source in an official manner , rather than having to rely on a bullboard and people phoning IR or talking to the IR guy at a dog and pony show. That is hardly professional and I believe we shareholders deserve proper respect on this issue.

Crocky
Bullboard Posts