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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

Comment by bbdiamondson Mar 11, 2022 5:22pm
197 Views
Post# 34508066

RE:Someone Paid 39 Cents Today for 4000 Shares

RE:Someone Paid 39 Cents Today for 4000 SharesDear NOK

With love and respect. Why on gods green earth would anyone take out a 25% junior partner that is weak financially? Star is required to put up 25% of all expenditures on a go forward basis. They cannot afford to do so. They will need to dilute the heck out of this going forward. Rio will only buy them out at the very end likely at far reduce prices from here. This is not predatory practice, it is common and it is with the way they operate. Don't fool yourself, there is no way and no incentive for Rio to buy them out at this stage. Sorry and good luck
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