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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Post by teeveeon Jun 23, 2017 7:45pm

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Post# 26400328

do the math.....

calculate the new fully diluted share capitalization. Then calculate what 40% of SGF's interest is against Rio's total spend to become fully vested at 60%. then divide by # of shares. you will com out to about $.10/share. Shareholders had no say, and management had no choice. Should Rio find a way to get to >15% pre tax return, then SGF will have to find its share of development capital. $.10/share is better than zero...Good luck.

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