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Arctic Star Exploration Corp V.ADD

Alternate Symbol(s):  ASDZF

Arctic Star Exploration Corp. is a natural resource company. It is engaged in the acquisition, exploration, and development of mineral properties. Its projects include Diagras Diamond Project, Timantti Diamond Project, and Stein Diamond Project. The 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. The 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 Project is comprised of two Diamond Bearing Kimberlites: the Black Wolf and White Wolf Kimberlite. The Stein Diamond Property is located approximately 85 km northwest of Taloyoak, Nunavut and consists of four prospecting permits covering an area of approximately 105,637 hectares.


TSXV:ADD - Post by User

Post by inthenameofthe1on Jul 24, 2022 1:39am
428 Views
Post# 34846021

Playing with numbers

Playing with numbersIF.....a big IF now....Arbutus has the goods that Diavic had in 1991,  plus the Nitrogen free - ( type IIa ) - rocks as a bonus - Plus the fact that Russia is out of the game  --  would the share price exceed that of Diamet Minerals, when it was bought by BHP from Australia @ $67.00 a share in the nineties. By today's money it would roughly come to $250.00.....BHP paid around $ 4 Billion....today it would be around $12 Billion...roughly.....Now $12 Billion divided by 183.26 million shares would be = $65.48 ...of devalued currency. All things being equal...and...the goods...how would it play out ? The High of Diamet Minerals hit $140.00 a share at it's peak, serious money then and now.
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