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Arctic Star Exploration Corp V.ADD

Alternate Symbol(s):  ASDZF

Arctic Star Exploration Corp. is a natural resource company. The Company is a diamond explorer engaged in the acquisition, exploration, and development of mineral properties. Its projects include Diagras Diamond Project and Timantti Diamond Project. Diagras Diamond Project is located in the north-eastern part of the prolific Lac de Gras kimberlite field, approximately 22 kilometers (km) north-northeast of the Diavik diamond mine and 36 km east of the Ekati diamond mine in the northwestern territories of Canada. Diagras Property consists of 58 contiguous claims with an area of approximately 48,346 hectares. The Timantti Project is located in Finland, approximately 17 km away from the town of Kuusamo. The Timantti project, owned 100% by the Company, consists of two Exploration permits, the 243 Ha Exploration Solavaara Permit and the 882 Hectares Vaimouso permit totaling 1125 Ha. The Project is also comprised of two Diamond Bearing Kimberlites: the Black Wolf and White Wolf Kimberlite.


TSXV:ADD - Post by User

Comment by cyclopson Feb 14, 2022 5:53pm
86 Views
Post# 34428074

RE:Rough diamond prices skyrocketing timing could be great

RE:Rough diamond prices skyrocketing timing could be great

I've read it. Something interesting I saw and other many quotes.

 

“Demand was so strong, production levels had to be supplemented by inventory,” she said.

“We have not seen such strong demand for a long time. Actually, I have not seen such a big boom in all my time in the industry. Going forward, it’s not that easy to just add production.

Well, this looks like an optimism for the industry. The covid effects in economies are just settling down. Pretty soon people will get back to their normal shopping habits. With the surge of demand, many investors will get interested in this industry. Probably other new businesses will open under the diamond mining category as well. Other investment hunters would probably take notice of Artic Star.

 

 

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