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Bullboard - Stock Discussion Forum Star Diamond Corp SHGDF


Primary Symbol: T.DIAM

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... see more

TSX:DIAM - Post Discussion

Star Diamond Corp > RIO must be reading the same playbook.
View:
Post by FRANKtheTANK on Apr 25, 2024 8:43am

RIO must be reading the same playbook.

https://www.forbes.com/sites/timtreadgold/2024/04/24/diamond-leader-de-beers-will-be-sold-if-bhp-acquires-anglo-american/  *********************************************************************************************.  "It's a fantastic deposit but a changing world doesn't want or need it".  *********************************************************************************************.  SGF/DIAM zigged when they should have zagged.  The opportunity that was there circa 2009 has all but disappeared.   Much smaller window-no doubt about it.   *********************************************************************************************.  Sell on news and pray the Arabs make a bad strategic decision (or Elon Musk lol).  *********************************************************************************************.  FRANK
Comment by Diamond78 on Apr 25, 2024 4:44pm
Hey Frank, I read that article to state that De Beers' reliance on thier lab-made stones will hurt them when the bottom falls out of the lab-made market (right now retailers are pricing the lab-made stones way too high). Of course, the existence of lab-made stones has also hurt the price of the natural ones, but that may correct itself to a degree once we start tracing the whereabouts of the ...more  
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