Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.

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 pickinbottles1on Nov 29, 2012 9:10pm
250 Views
Post# 20663790

RE: RE: RE: RE: RE: Up 3.5 out of the blue on 250k

RE: RE: RE: RE: RE: Up 3.5 out of the blue on 250k

No doubt when this moves it could go exponential. The same is true of any penny stock.  Unlike two-dogs, I don't think this is going to happen "next week" per say.  

I am long and still hold a chunk but I am sick of speculating, guessing, and reading between the lines.  I would appreciate honest and reliable information from this company, but at this time it appears I am still asking too much. 

I'm not so sure we'll see any significant long lasting movement of our SP with the EIS. 

Any announcement addressing the dollar's side of things and I would expect many investors (big and small) would be chasing a quickly rising sp (oh how I look forward to that day, but once again I don't expect it any time soon).

A tweaking of the mine plan is a very interesting thought and it should stand to reason that a smaller startup, etc could be viewed by the general market as more practical/possible.  Institutions etc might rush back in.  We won't miss the re-entry of big hitters because the volume will be in the millions for an extended period of time!!

Remember KM will likely resist changes to his baby and/or original plans as long as possible. It will have to be forced upon him IMO.   Maybe we are there now or maybe this is yet to come.  I hope Brian et al are working on such things.  It is one of our only realistic chances of seeing this move any time soon.  If KM is allowed to continue as leader and he digs his heels in we are screwed.  JMHO. 

Also remember that every one knows SGF Is running on fumes.  Any smart businessman - partner, purchaser, borrower, etc, etc would be wise to hold off and let KM sweat.  Even because of waiting a bidding war was too break out (which I do not think has any real chance of happening) it would be at very suppressed prices.  (Two dogs: This is not good for us longs).  If we were sitting on a giant gold deposit and had lots of cash and had several potential suitors then I would say bring on a bidding war.  But I wouldn't wish for a bidding war, at least not in the situation that Shore is currently in.

GLTA 

Pickinbottles 

Bullboard Posts