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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 Mictianon Jun 19, 2022 2:32pm
262 Views
Post# 34767671

RE:RE:RE:RE:RE:Put In GTC Orders At Much Higher Price

RE:RE:RE:RE:RE:Put In GTC Orders At Much Higher Price There are also other factors at play that may effect timelines.One being whatever is going on with JSCN, they are the gate keepers on this one.If RIO doesn't know the secret knock then JSCN will not allow them to proceed.The uncertainty within this alone is enough to keep the price down.

As for your fireside chats and promotion, this will be the very same as the Red Cloud promotional team. There is a great slight of hand at play here and while we are looking at the left hand holding a bisquit while we sit , beg and roll over along will come the right hand with a hay maker and knock the marbles loose with a move that nobody expected.Hopefully in a good way.

OR Has SDC negotiated such a transaction that RIO get's the deal of a lifetime to allow Star to be 25% partners in a producing mine?




Diamond78 wrote: The reason the Banksters/Gangsters or others are able to continually bring this stock down is soley based on the lack of information from SDC and RIO on the plan for this summer.

SDC knows this fact, and also I am sure they do not want to see their stock drop. Yet, for well over two weeks (the longerst wait in some time between PRs) in the busiest part of the year when we all expect the most news/activity, there has been nothing.

Why would this be the case?

One option is SDC has nothing to report. This is not true. They could report any number of updates just to keep the readers appeased. I don't buy that there is nothing to report. It makes no sense. There is likley an agreement between SDC and Rio not to report.

Another option could be that what they could report is not good (i.e. no mining decision). However, the stock is slipping with SDCs silence alone. If the news was bad, I would think SDC would rip the bandaid off early and hope for a drop from a higher stock price quickly, rather then a drop later from a lower, silence driven, depressed stock price. So, the bad news option does not make much sense either.

The third option is that the parties are negotiating a budget or buy out and the value of the stock in the mean time is immaterial. This is the most likey option for the silence over the last few weeks. 

My advice, therefore - hold your stocks. Don't let fear of inaction or lack of information force you to a sale.

I predict that in the next week or two there will be a number on the table, agreed upon by all managment parties - either a budget for exploration/development this summer or an outright buy out. I lean towards buy out. Rio does not want to go any further with SDC involved in multi-billion dollar mining decisions.

Thoughts?


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