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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 bugoffon May 22, 2013 1:51pm
204 Views
Post# 21427405

RE: good news ...and bad

RE: good news ...and bad

I've been pondering a purchase as of late, but given your timeline of 5 months, the "sell in May and go away effect", summer doldrums, and the possibility of hitting the stock hard in the 3rd week in September, I think there might be a better entry point a little further in time. This would especially be true if all of the blue chip stocks begin to rise over the summer, and gold hits the skids hard like it should be doing anyway...

I'd like to see a 15-20% rise in blue chips and a 50% drop in gold values before buying more... it might just give way to buying a large chunk of Shore at a discount to the current market price.

I know no one here wants to see a further reduction in the share value, but over time, I think it could be the play of a lifetime... if you have patience.

Good luck to all longs.

Bullboard Posts