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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 actionplanneron Oct 17, 2010 1:00pm
508 Views
Post# 17574681

RE: RE: RE: Seems to me

RE: RE: RE: Seems to meSo, if dawn ever arrives we should all be rich,  I do have other stocks that are pretty dark now as well. I am going down to the army surplus store on Monday to purchase some night vision glasses, that might give me an edge...
Smallblock, I agree that there is behind the scenes paper work going on and that a compromise with the Indian bands is a major step.... As for the final feasibility study... well they've had the figures for 2 or 3 years , Surely with the computer programs available, it wouldn't take long to punch in the figures. They know how much overburden has to be stripped at a cost of X$ per tonne, they know the cost of building a processing facility, the cost of equipment, etc. The list goes on .  The price of raw diamonds is the only variable factor, and that will never be nailed down , because from year to year it will vary...
 The only reason I can see that they are doing nothing now is, that they are looking for a partner, or outright sale... If so, I would hope the sp gets to a desent price of $2.00 by then , or the buyer will get a good deal with say a 10%premium now..
GLTA, I hope the sun starts to shine soon , I can't wait to trade in my night vision glasses for a pair of Oakly sunglasses like the Chilean miners have!!!!!!
Bullboard Posts