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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
Post by donny_brascoon Aug 04, 2014 7:50pm
542 Views
Post# 22808260

You have your own Knee Slappers pickinbottles1

You have your own Knee Slappers pickinbottles1Kaiser prognostications Came accross this as I was scraping for news (man I wish we had some). Kaiser says sell Shore Gold and duck the slugfest 2006-03-14 20:03 ET - In the News John Kaiser, writing in a Feb. 10, 2006, Tracker, says sell the remaining 25 per cent of Shore Gold Inc. at $7.25. Mr. Kaiser said buy on May 24, 2002, at 80 cents. He said sell 25 per cent on Feb. 23, 2005, at $5.09, which, assuming a $1,000 investment, yielded a profit of $1,292. He then said sell 50 per cent (of the original purchase) on Aug. 17, 2005, at $5.29, yielding a profit of $2,705. The remaining stock, 25 per cent of the original purchase and which cost $250, yielded a profit of $1,954. All together, Mr. Kaiser's buy yielded a profit of $5,951 on the original $1,000 investment. The letter writer says on Feb. 6, 2006, De Beers Canada filed a lawsuit against Shore Gold, Cameco Corp., UEM Inc. and Kensington Resources Inc. De Beers wants to set aside the Fort a la Corne joint venture (FALC JV) voting agreement made effective on Oct. 31, 2005. The lawsuit does not seek anything more than to stop Shore Gold from taking over the FALC JV and running it according to its own unorthodox approach to diamond exploration. Mr. Kaiser says he remains optimistic FALC will be a world-class producer. His concern, however, is this slugfest will postpone that day. Mr. Kaiser is also selling JV partner Kensington. If there is someone set to ask him questions in Calgary...I'd like to hear his response to what he thinks of the above one year later? What a fool! Read more at https://www.stockhouse.com/companies/bullboard/t.sgf/shore-gold-inc#ZtBHt0mTF72Z1r3f.99
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