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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

Post by inthenameofthe1on Jul 24, 2022 1:39am
444 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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