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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 teeveeon Jul 10, 2017 11:21am
334 Views
Post# 26450834

RE:INFLATED PRICE/PUMPED- RIO PRICE/RISK - MUCH LOWER AVOID

RE:INFLATED PRICE/PUMPED- RIO PRICE/RISK - MUCH LOWER AVOIDSGF management got RIO to pay a very large premium at the equivalent of $.18/share to earn in, assuming they progress on a positive results driven basis and earn the entire 60%. that is ok for one last kick at the can......
currency24 wrote: RIO bought in at 18 cents - Ignored the PUMP/ARTIFICIAL PRice jump by a group of Traders who WHO might have known something was in the works, RIO 18 cent purchase - SUCKERS purchased and Purchasing at Inflated Price.

RIO Gets 60 % of project if they decide to go forward and could acutally get more since SGF will not be able to raise the funds for their share of production - need to come up with $800 mil, RIO will dilute SGF and SGF share holders will have nothing byt a 5 cent stock.

Asnoted in earlier post, SGF is payed by a certain group of Traders/Brokers/EMD's and etc. seeking to Pump/Hype the price and Sell their shares to the UNSUSPECTING SUCKERS.

$2 Billion - needed to bring this mine into production - forget it, not going to happen

AVOID SGF - this is a very OLD TIRED Story and going NO where.

All the above in my humble opinion and based on years, back to 2003, of investing in both SGF and Kensington - and visitng the mine and etc. Also, based on Financial MKTS.


Bullboard Posts