Bullboard - Stock Discussion Forum Star Diamond Corp SHGDF

Primary Symbol: T.DIAM

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... see more

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TSX:DIAM - Post Discussion

Star Diamond Corp > Money spent

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Post by FRANKtheTANK on Aug 20, 2024 8:56am

Money spent

Dollars spent by companies in the exploration stage is nice to see as an investor BUT in no way should that metrics ever be used as predictive indicator for future paydays. *********************************************************************************************. There are many examples of exploration projects that never produce and thus dollars spent are a "learning experience " for those companies and their unfortunate investors. *********************************************************************************************. Market cap in this particular case means absolutely nothing, except that it might be reinforcing the uneasy fact that we are in a difficult "learning experience ". *********************************************************************************************. I have learned a great deal. What have you learned?. *********************************************************************************************. FRANK.

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