Star Diamond Corp T.DIAM

Alternate Symbol(s): SHGDF

Metals & Mining Industrial Metals & Minerals

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).

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Star Diamond Corp

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Post by grm9727on Feb 24, 2005 5:26am

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Post# 8646978

valuation is higher!!!!!!!!!

This valuation is based on the 3049 carats in the news release of 01/13/05, but in the news release of 02/08/05, they talks about finding upwards of 600-700 more carats, that were not forward for valuation to Antwerp, but remained in Canada to be cleaned up etc. Also the earlier large diamonds found, were also not part of the valuation. So if I read the earlier news releases, along with this modeling of $135.00, the total count for the valuation model should be much higher!! HAS ANYONE ELSE NOTICED THIS, OR DO I HAVE IT ALL WRONG. Thanks. grm9727

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