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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
Post by brianjoon Feb 22, 2005 11:00pm
587 Views
Post# 8639257

Mining Costs

Mining CostsWe specialize in delivering materials and fuel to mining companies. Cost in the North part of the Northwest Territories cost 50% more than in P.A. Saskatchewan. Labor costs are approximately 30% more in NWT than in Saskatchewan because of the fly in fly out ratio. Government and all banks in Saskatchewan look forward to this deal to see an economic turnaround. My friends in Saskatchewan say that businesses and government will bend over backwards to stimulate the economy which is already in an upswing because of oil and uranium exploration. Most investors in exploration close their eyes to local potential developments and brighten their eyes to investments way up north or in timbuk-to. My feelings/impulses, this holding of GSF will eventually be a trend setter. Many companies have holdings and areas around SGF and are waiting for their results before trying it on their own. They have actually spent very little money and time but when you look at their share price ratio, their price is actually the same as SGF. We are probably 18 months ahead of them and own 100% of the company. Longers, like us, who have paid the price will see benefits. Hang tough, $6.00 coming quick/four year goal $24.00. Not to bad! Hammer the shorters!
Bullboard Posts