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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
Post by actionplanneron Mar 18, 2010 1:27pm
526 Views
Post# 16898994

For all it's worth

For all it's worthWe have been stuck in the .90 range for quite some time now, it shouldn't matter what the loony is in comparison to the usd.  That should never affect a mines profitablity, Diamonds as far as I know are sold on the us dollar value(correct me if I'm wrong here)  as well ultimately so are the capital costs of mining, ie Cat trucks Heavy equipment , in general . so as one goes up the other comes down. The dollar comparison will always fluxuate , so will diamond prices, as well as operating costs. This is all nit picking in the big picture, and if the profitability is that fine of a line , then forget about this play. I got tired of waiting waiting and more waiting, sold some shares and invested in fmm this am .. Why don't sgf get on with things, it's like a farmer that has a bumper crop in the field and waiting till spring to harvest. Makes no sense at all.. They will play this out till no one is interested in playing the game anymore.And instead of doing a pp @ .85 or so , they will be looking at .35 if they can get it. I'm so frustrated that management can't(won't) tell us what is going on. The pony express days are long gone, People won't order their christmas presents from sears in July anymore!!! We can invest in something more short term than 3 or 10 years ... let's keep up with the times..
Bullboard Posts