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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 20, 2024 8:56am
153 Views
Post# 36187489

Money spent

Money spent
Dollars spent by companies in the exploration stage is nice to see as an investor BUT in no way should that metrics ever be used as predictive indicator for future paydays.  *********************************************************************************************.  There are many examples of exploration projects that never produce and thus dollars spent are a "learning experience " for those companies and their unfortunate investors.  *********************************************************************************************.  Market cap in this particular case means absolutely nothing, except that it might be reinforcing the uneasy fact that we are in a difficult "learning experience ".  *********************************************************************************************.  I have learned a great deal.  What have you learned?.  *********************************************************************************************.  FRANK. 
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