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 ~TAYLOR~on Nov 27, 2005 6:31pm

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Post# 9927585

285 Million in the Bank.....nice!

Just Reading the MANAGEMENT’S DISCUSSION & ANALYSIS. I knew Shore had some serious money in the bank, but didn't think it was this much. Any way just sharing. As at November 9, 2005, the Company had approximately $167.6 million in cash and cash equivalents. Once the financing that was announced on November 9, 2005 is completed, the Company is projected to have approximately $285 million at its disposal. https://new.stockwatch.com/nocomp/newsit/newsit_sedardoc.aspx?docid=965146

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