There are bold investors and old investors , but no old-bold investors
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'''who iz da numbar vun guy '' ?????
nice pop... as things get hotter....so will VIPER
Copper had its run, so did gold and diamonds.............the new kid on the block will shine as silver gains mommentum
WM has been snoozong ZZZZZZZZZZZZZZZZ
if bored---go to Dawson city....close to Alaska border
do some panning for gold and watchout for Grizzly bears
is this the company that has a mine in the Yukon.....?????????????????
if so my friend was there ....
bumped into Mr. Kennedy by the postal office---. he gave me a
ride to the bus .where I could catch the ferry
The Fort à la Corne project is a world-class diamond deposit with an estimated 66 million carats over a 38-year mine life. This fully permitted, low-jurisdiction risk asset also possesses impressive economics with an estimated IRR of 19%.
At Star Diamond Crop., we are committed to transparency and providing our subscribers with clear and accurate information about our projects.
CMKM Diamonds started in 2002 .in a reverse merger with John Edwards , Public Shell company...in Las Vegas, Nevada...
We have the newspaper clipping from 2002- 2004 .C/O ..A private Investment Club with 20 or so members
Prior to 1993, the Company was engaged primarily in gold exploration and development and was a former gold producer through its interest in the Jasper Mine, which ceased production in December 1991. In 1993, management changed with the appointment of Mr. Kenneth E. MacNeill to the Board of Directors and his appointment as Chief Executive Officer. Between 1993 and 1995, the Company was still primarily engaged in gold exploration. In December 1995, the exploration emphasis of the Company switched to diamonds with the acquisition of mineral claims in the Fort à la Corne area of Saskatchewan. Although the Company has also acquired and worked on base and precious metal properties since 1995, the majority of the exploration effort since then has been devoted to diamonds.
Various exploration techniques on the Company's Star Kimberlite Property resulted in the decision to move forward with an aggressive 25,000 tonne bulk sample program to recover 3,000 carats of diamonds. This decision led to a number of equity financings during 2001, 2002 and 2003 intended to raise sufficient capital to proceed with this program. The 25,000 tonne bulk sample program began in 2003 and included the sinking of a 250 metre shaft, constructing a headframe and hoist, and the construction of a 10 tonne per hour on-site processing facility.
The processing plant, constructed in 2003 at the Star Kimberlite Property, was commissioned in February 2004, and by April 2004, the Company had completed the sinking of the shaft on the Star Kimberlite Property down to a 250 meter depth. Lateral drifting commenced in May 2004 and was completed by November 2004 when approximately 25,000 tonnes of kimberlite had been extracted. Two additional phases of bulk sampling were also performed, with all bulk sampling on the Star Kimberlite Property completed during 2007.
During 2004, the Company transferred its gold properties into its wholly-owned subsidiary, Wescan Goldfields Inc. ("Wescan") (previously Shore Resources Inc.). Wescan then completed an initial public offering concurrent with distribution by The Company of a portion of its Wescan shares as a dividend-in-kind, and listed its shares on the TSX-V. Complete details with respect to this transaction are available for viewing at www.sedar.com in Wescan's Long Form Prospectus dated August 30, 2004.
On August 15, 2005, the Company and Kensington Resources Ltd. ("Kensington") (which at the time held a 42.245 percent working interest in the adjacent Fort à la Corne Joint Venture, or FalC-JV) announced their intentions to merge. On October 28, 2005 the merger was finalized and Kensington became a wholly-owned subsidiary of the Company. Subsequent to the merger, on October 31, 2005 the Company entered into a voting arrangement with Cameco Corporation ("Cameco") and UEM Inc. ("UEM") with respect to the FalC-JV Property whereby Cameco (which at the time held a 5.51% interest) and UEM (which at the time held a 10 percent interest) agreed to vote with the Company on all operating decisions (excluding production decisions) to be made by the participants in the FalC-JV over a term up to seven years in duration. De Beers Canada Inc. ("De Beers") was the FalC-JV operator, which at the time held a 42.245 percent interest.
Significant capital resources were required to keep pace with the growth and expansion requirements and in 2005 two major equity financings took place for total gross proceeds of $236.7 million (see News Releases dated March 22, 2005 and November 9, 2005). Newmont participated in both financings.
In 2006, the Company was able to acquire a controlling interest in the FalC-JV Property. On September 25, 2006, the Company announced that Kensington had entered into agreements to acquire De Beers’ participating interest in the FalC-JV for $180 million and to acquire Cameco Corporation’s and UEM Inc.’s interests for a combined cash price of $66.1 million (see News Release September 25, 2006). Concurrent with these acquisitions, Kensington on-sold a 40 percent interest in the FalC-JV to Newmont for $170.4 million on the same terms and conditions as those associated with the De Beers, Cameco and UEM acquisitions. These transactions resulted in Kensington acquiring a net additional 17.755 percent interest for a net cash outlay of $75.7 million, resulting in Kensington holding a 60 percent interest in the FalC-JV and the Company maintaining a sufficient cash position to fund further exploration programs on the Star and the FalC-JV Properties. Kensington also became operator of the FalC-JV which allowed for more synergistic use of resources in moving the two projects forward.
Extensive exploration programs were carried out on both the Star and FalC-JV properties, including core drilling, additional bulk sampling and large diameter drill sampling, in order to establish reserves and resources.
In early 2007, the Company selected diamonds weighing some 200 carats, from the Star bulk sample parcel for a cutting and polishing ("C&P") exercise. The stones selected for the exercise included a spectrum of colour from top white to yellow, brown and grey, and generally more challenging shapes. No sawables were included in the C&P parcel. The C&P for the lower quality goods was completed at two manufacturing centres in Antwerp, Belgium and the higher quality goods were processed in Perth, Australia. The C&P exercise was a great success and proved that a high quality polished product can be produced from Saskatchewan diamonds.
Cut and polished diamonds from the Star Diamond Project
Cut and polished diamonds from the Star Diamond Project
In November of 2008, the Company announced that a Project Proposal for a Star - Orion South Diamond Project (the "Project") had been submitted to the Environmental Assessment Branch of the Saskatchewan Ministry of Environment and federal authorities to commence the Environmental Impact Assessment ("EIA") process and initiate discussion with regulators and the public about the implications of the Project.
The original evaluation of the Orion South Kimberlite, using underground bulk sampling and LDD mini-bulk sampling, was curtailed by the world financial crisis of late 2008. By early 2009, most capital intensive exploration activity had ceased on the Star and FalC-JV properties. Newmont has elected not to participate in the FalC-JV budgets since 2009 and, as a result, its interest had decreased since that time by approximately 9 percent, to 31 percent. From 2009 to 2014, the Company focused primarily on desk-top engineering studies and data analysis. The following is a list of the technical reports completed based on these studies:
On February 10, 2010, the Company announced the combined pre-feasibility study ("PFS") and Mineral Reserve estimate on the Project ("PFS") (see News Release dated February 10, 2010). The PFS included the 100 percent owned Star Diamond Project, as well as Star West and the Orion South Kimberlite, which fall within the adjacent FalC-JV (see Material Change Report dated February 10, 2010 and accompanying March 22, 2010 Technical Report as filed on www.sedar.com).(1)
On July 14, 2011, the Company announced a feasibility study ("FS") and updated Mineral Reserve estimate on the Project (see News Release dated July 14, 2011). The FS included the 100 percent owned Star Diamond Project, as well as Star West and the Orion South Kimberlite, which fall within the adjacent FalC-JV. The accompanying NI 43-101 compliant Technical Report documenting the Feasibility Study and updated Mineral Reserve for the Star – Orion South Diamond Project ("Feasibility Technical Report") were released in August 2011 (see August 25, 2011 Technical Report as filed on www.sedar.com). (1)
During the completion of the pre-feasibility and feasibility studies, the Company undertook various other activities to support the economic models contained within these reports. In 2010, the Company exercised its right to purchase an outstanding three percent net profit interest ("NPI") held by a third party in August 2010 (see News Release August 9, 2010 and Material Change Report dated August 17, 2010). Fifteen claims, three of which are directly associated with the Star Kimberlite, were originally staked by a third party in 1995. These were subsequently transferred to the Company in 1997 for a consideration of the grant of a three percent NPI, payable should a positive production decision be made and the property achieve commercial mineral production. The Company had the option to purchase the NPI any time prior to 90 days after a positive production decision on any of the claims, for $1.0 million.
During 2007, the Company purchased an interest in the Buffalo Hills Property ("Buffalo Hills") located in northern Alberta (see News Release July 24, 2007). In December of 2009, the Company and Canterra Minerals Corporation ("Canterra", formerly Diamondex Resources Ltd.) together purchased an additional twelve percent interest in Buffalo Hills from Burnstone Ventures Inc. ("Burnstone", formerly Pure Diamonds Exploration Inc.) in exchange for $75,000 each and a 1 percent royalty interest (see News Release December 10, 2009). The Company’s interest in Buffalo Hills increased during 2010 due to the Company and Canterra funding certain exploration expenditures up to April 30, 2010. The Company’s interest in Buffalo Hills increased again during 2022 due to a Quitclaim, Surrender and Assignment of Interest Agreement reached. As a result, as of May 2022, Star Diamond Corporation and Canterra each hold a 50 percent interest in the Buffalo Hills project. Canterra is the Operator of Buffalo Hills.
During 2010 and 2011, agreements were reached with several Aboriginal parties, to gather information on traditional Aboriginal land use and traditional knowledge in the Fort à la Corne forest (see News Releases April 1, May 12, August 18, 2010 and April 21, 2011). The information gathered as a result of these agreements was used in preparation of the EIS. The Company also announced Memoranda of Understandings ("MOUs") with several Aboriginal groups (see News Releases dated May 17 and June 17, 2010, January 19, 2011 as well as May 5, 2014). The terms of the MOUs provide that the parties will engage in discussions concerning potential education and training, job, business and participation opportunities for the Aboriginal groups. These discussions aim to establish mutually agreeable terms for a participation agreement in anticipation of the proposed Project.
how about announcing sum breakouts from the ones on i-hub ....eg favorites ...then most
posted stocks
UBS still not trading (new CO) till sometime in July
means more money for new equipment ............could take years...and means insiders take teir cuts first
stock is morbid
how did it get 38,000 posts ......thot it was kaput
UHHHaha---found out something about that ---its due in ...JULY
QMCI was trading '''funny'' today
CS.....Credite Swisse seems to have disappeared ---was hoping some on here knows if they will return
Did anyone hear that there is a new type of casket being made from mushrooms.......................said hear because it was on the car radio..
one thing is they are good for cremation and are enviroment friendly... not cheap tho......
some re-newed activity today
DOUBT this will ever make a comeback-------------- it wil join the ranks of ........................................USXP, CMKM, CPRKQ, NRTLQ, all USA Bandittos no better than those trying to get into te USA
https://https://youtu.be/YNtGEKNhlC4?list=RDAe829mFAGGE
POKE Salad annie---got swallowed by a gator----is that why no more Van halen quotes on here
gold for nuthin and chins get hit ........................................................................................,,,,,,,, .....
my way of listening to music is laying in a full bathtub ---------------------- turn it up..............................................
NAT GAS posted a big gain-----hope it continues..............................................................................................
hahahaha the USA gov't is trillions in DEBT......ROTSA RUCK
still on the highway to heaven and he11..........................
once held the prefferred shares of Barrick..................................................................................................................................................................................they also went the way of te DODO Bird
a bear in the bush is worth a bearick share or two
a complete lack of respect for a ''high''
might make a comeback-------------------------------------------------------------------------------------------------------------------someday in MAY
forgot I own this ,,,but its in my slush account
big ''M'' is suffering the interest rate woes
life is boring when living in a shoe
In 2023, mergers and acquisitions in the mining sector continue to thrive. B2Gold announced in February its plan to acquire Sabina Gold and Silver in a deal valued at $823.66 million. In the same month, Newmont Mining unveiled a massive $17 billion takeover bid for Newcrest Mining, Australia's largest gold miner.
In 2023, mergers and acquisitions in the mining sector continue to thrive. B2Gold announced in February its plan to acquire Sabina Gold and Silver in a deal valued at $823.66 million. In the same month, Newmont Mining unveiled a massive $17 billion takeover bid for Newcrest Mining, Australia's largest gold miner.
needed a good attention getter
Badazzes need attention getters best one
this is my attention getter...Jackie Gleason