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Arctic Star Exploration Corp V.ADD

Alternate Symbol(s):  ASDZF

Arctic Star Exploration Corp. is a natural resource company. The Company is a diamond explorer engaged in the acquisition, exploration, and development of mineral properties. Its projects include Diagras Diamond Project and Timantti Diamond Project. Diagras Diamond Project is located in the north-eastern part of the prolific Lac de Gras kimberlite field, approximately 22 kilometers (km) north-northeast of the Diavik diamond mine and 36 km east of the Ekati diamond mine in the northwestern territories of Canada. Diagras Property consists of 58 contiguous claims with an area of approximately 48,346 hectares. The Timantti Project is located in Finland, approximately 17 km away from the town of Kuusamo. The Timantti project, owned 100% by the Company, consists of two Exploration permits, the 243 Ha Exploration Solavaara Permit and the 882 Hectares Vaimouso permit totaling 1125 Ha. The Project is also comprised of two Diamond Bearing Kimberlites: the Black Wolf and White Wolf Kimberlite.


TSXV:ADD - Post by User

Comment by djgton Mar 28, 2010 9:44pm
272 Views
Post# 16933629

RE: This week....

RE: This week....Thanks for your post buyingitup,

As with most drilling programs the volume should slowly increase over time. Considering that they have barely mobilized the drills I wouldn't expect much for the way of a share price move for the next couple of weeks. From there, perhaps we'll see a move to the
.09 level in anticipation of results by the middle of the month. As for timeline, I would say 10-12 weeks.

I live in Yellowknife, NT and believe me, you're probably looking at a 4-6 week drill program, two weeks to ship out for assay, two weeks for assaying and two weeks to ship back, review data and prepare a press release. Things just seem to take more time up here.

Also, if you see sudden substantial price moves, it is probably a tip (not necessary manipulation). The diamond industry is very small and very close. So, information has a way of finding its way to money before the broader market "officially" knows.

Cheers,
djgt
aka Chris Weber

www.weberswebnewsletter.com


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