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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

Bullboard Posts
Comment by cddon Nov 08, 2004 3:09pm
396 Views
Post# 8151650

RE: What is up with the volume....

RE: What is up with the volume....if they still plan on 25000, tonnes, that's @ 8800 tonnes left. if they process @ 1,600 tonne batches as they did this last go round, that's still 5-6 more batches to report on. even if they can turn those around in 2 weeks as they did the last one, that's 10-12 weeks out which clearly takes us into next year, and they would still need some lag time for valuations on the last batches. unless they speed things up significantly I wouldn't expect any valuations until well into jan-feb, which begs the question why does the company keep saying year-end? are the valuations happening in parallel? are they going to release them in more than one batch? is there some factor that will significantly speed up the bulk sampling process? i guess time will tell.
Bullboard Posts