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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

Post by djgton Apr 12, 2010 1:39pm
491 Views
Post# 16982209

Insider sales, big bids at lower prices...

Insider sales, big bids at lower prices...Generally speaking, insider sales and bigger and bigger bids with no price support is not a bullish sign when you are in the middle of a drilling campaign.

I realize that anything can happen with micro-caps but I've seen this story before and more times than not it doesn't work out very well.

I don't know if I would be averaging down here as this could be the knife falling off the table!

Cheers,
djgt
aka Chris Weber

www.weberswebnewsletter.com
Bullboard Posts