Star Diamond Corp T.DIAM

Alternate Symbol(s): SHGDF

Metals & Mining Industrial Metals & Minerals

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).

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Star Diamond Corp

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Comment by cult_of_frankon Oct 01, 2011 12:50pm

849 Views

Post# 19107570

RE: Mackie Article

I'm not meaning to be a troll here, I have owned Shore Gold since 2009 when I bought it was above current prices. I didn't buy a lot but I certainly wouldn't mind getting my money back out of it rather than see it slide to zero. If I could be convinced I'd probably think about cost-averaging down so I can actually make some money on it.

But I don't understand how someone would spend $2 billion (give or take) to build a mine with a NPV of $1 billion? What obvious thing am I missing early on a Saturday morning?

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