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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

Post by FRANKtheTANKon Aug 15, 2022 7:37pm
781 Views
Post# 34898001

Will it be developed or not?

Will it be developed or not?Ask yourself this simple question. THEN invest accordingly. *****************************************. I happen to believe the answer is a STRONG "yes" aaaannnd I feel sooner than later. Like development starting in the spring of 2023! *****************************************. We may not get the buyout we dreamed of a few yrs ago (...5 to 10 dollars) but we wiil get a decent offer in my opinion. *****************************************. I am lowering my cost average every day/week. I should be around 14 cents if volume would pick up and prices stay deflated. *****************************************. I could be wrong. I may be over confident. Time will soon tell. *****************************************. But if I am correct I will have waaaay more shares at a lower cost avg soooo even if the eventual offer is less than my original planning--I should still do very well. The trick is buying when it is scary. *****************************************. I.E. try multiplying 500000 by say 2.40 (an original scenario) Vs. Multiplying 1.5 million by say 90 cents (newer scenario). Feel free to play with the buyout prices if it helps you understand. Ha ha. *****************************************. I might actually stand to do better just because of all this doom and gloom! *****************************************. I wonder who else figured this out and were or are buying? (Remember the volume buying and rebound to close to 20 cents right after the SP collapse?) *****************************************. Of course, I need the market's cooperation as I do not yet have 1.5 million shares. I need more volume and cont'd sub 15 cent prices. I should reach the 1.5 million goal by Thanksgiving! *****************************************. Ironic, eh? *****************************************. FRANK.
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