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END2WAR I THINK NESSY DID WELL TODAY
LIVING AMERICA SEE U ALL SOON
TO MUCH TO DO------------------>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>WACKO
ADIOS
Sh!t he do pumper !!DOFUS!!devon much much better!!lmao!!
WACKO
JUST READ -IT------------------------------------------->>>>>>>>>>>>ARE U KIDDING ME I THINK IT ((NEEDS TO BE ON THE BOARD))
Thats recored e-mail and i like it.Read it guys thats an awsome e-mail.
im in bussness case u all dont know it.acturrully i have 2 bisnesses no 3 really and i must say location location location.duh
imo he knows more than us!!lmao!!------------->(walter)
O if he gets diamonds in CANADA this sombitch going to.fly fly fly
Maybe many dont read it like i do.But i bet many do.>>>>>>>>>>>AM I REALLY THAT >>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>WACKO
I MISSED IT TOO!!LMAO!!
Great board GOT IT GONE.
I bet majority was correct.
WAY TO GO GUYS
WWWWWWWWWWWWWHHHHHHHHHOOOOOOOOOOOOOO
WACKO
ITS GOT TO TELL SOMTHING SOMTHING??
Hope life is good RALPH3 thanks for the post.
Hockeypond bailed??amazed i keep my core for now.Hey UDVE looks like a bottom wish i had some powder.
STAY COOL
WACKO
Whats the 3?
IT JUST AMAZES ME
How wacko can find bad apples.
I told u all god loves me.
I been buying the sh!t out of this 1 CTVH
A2GEMS<--------------VERY BAD APPLE PLEASE HELPM GOD
HAVE A GREAT WEEKEND EVERYBODY
GOD BLESS
WACKO
HERE 1 I BOUGHT MORE OF THIS MORNING
Its was recamended from gooddoc should double soon.ICMH
o-yea this 1 out of my charector but bought any way somthing about march and ths co!!lmao!!
MIMS
GL
OL BUDDY
WACKO
WACKO DIDNT PLAY IT TO GOOD
In at nine out at >.18 10,000.shares
o well always another 1 down the road!!lmao!!
SPAM
thanks deann but i got to do whats best for the chat room an WACKO
LOVE-U ALL
GOD BLESS
I BE LURKING AROUND
WACKO
WELL MY FRIEND
WACKO takes care of WACKO.
In on PYBS at .09 out !!TODAY!!
LOVE AMERICA
WACKO
GUESS I BETTER BE JUST A READER
I get to hostile in chat rooms.
gl all i will be reading your post almost daily.
I dont want to ruin a great place.
IM SORRY TO ALL FOR MY POST YESTERDAY.
EXPECIALLY TO DAN HE WOULD NOT APPROVE OF IT IM SURE.
AND THANKS FOR REMOVING MY POST RESPONSE TO A2 LAST NIGHT.
O-YEA THANKS FOR NOT THROWING ME IN JAIL.!!LMAO!!
OL BUDDY
WACKO
HANGING TOUGH
OL BUDDY
WACKO
not selling a share
WELL MAYBE I SHOULD NOT OF CALLED!!
The office today.!!BAD DAY!!
I will give the benifit of doubt if no news in morning.
WELL THATS ALL FOLKS
NIGHT
GOD BLESS
SORRY IM PIZZED
WACKO
HERE NOW
We are at 6 pennies and WALTER is a true investor guy.imo
I think he wants to shake short term investors.jmo
THIS IS HIS WAY OF DOING IT
WELL U SHOULD NEVER LIE TO WACKO
O-BOY
GL WACKO
WELL FCUK DONT E-MAIL AND PROMISE SH!T IF U CANT KEEP IT!!
I talk to her eirlier and she said o-yea pr soon pr soon fcuk u dont do that to people that got thousands a dollars on there co. I will move else where fcuk this.
WACKO
What they got 1 pc line go to the dam libary.SOMTHING DONT LOOK BAD
nice caps
hope u feel better my friend.
ol buddy
WACKO
I tell many days ago buy SNG buy SNG HOPE U ALL DID WWWWHHHOOOO WAY TO GO WACKO
COOL YEA I JUST CALLED AND ASK FOR DAN
NEWS today per secatery.Stock selling on the ask alot today i would say good news soon.BUT REMEMBER IM WACKO
O-YEA might grab u some GBLL looks like somthings up there.
HANG TIGHT EVERYBODY
WACKO
WONDER IF THE NEW NEWS WILL MAKE US HIT 10 DoLar
Every year, Smitty and his wife Martha went to the State Fair. And every year, Smitty would say, "Martha, I'd like to ride in that there airplane." And every year, Martha would reply, "I know, Smitty, but that airplane ride costs ten dollars, and ten dollars is ten dollars."
This one year Smitty and Martha went to the fair and Smitty said, "Martha, I'm 71 years old. If I don't ride that airplane this year I may never get another chance. "
Martha replied, "Smitty, that there airplane ride costs ten dollars, and ten dollars is ten dollars."
The pilot overheard them and said, "Folks, I'll make you a deal. I'll take you both up for a ride. If you can stay quiet for the entire ride and not say one word, I won't charge you, but if you say one word it's ten dollars." Smitty and Martha agreed, and up they went.
The pilot performed all kinds of twists and turns, rolls and dives, but not a word is heard. He even does a nose dive, pulling up 15 feet above the ground, but still not a word. They land and the pilot turns to Smitty, "By golly, I did everything I could think of to get you to yell out, but you didn't."
Smitty replied, "Well, I was gonna say something when Martha fell out, ...but ten dollars is ten dollars!"
GOODNIGHT ALL
WACKO
LMAO!!!
PLEASE GET LOST AGAIN GUYS!!!
LMAO
WACKO
Go get the IBD
MAN AND I THOUGH I COULD POST GOOD SH!T
THIS POST HAS MEANING
GL
HOPE U GET RICH
OL BUDDY
WACKO
FROM WACKO
This is a great long term play.!!i love it!!
But play it to.!!its a great play also!!
no walter or co involved !!really!!
watch-it becarful
HAPPY TRADING
LOVE-U-ALL------WACKO
(EASY WHEN SO LOW)!!JMO!!
NIGHT-BACK-COUPLE-DAYS-ADIOS----->AN GL TO-ALL-LONGS
SSSSSSsssssssHHHHHHhhhhh
watch an see
LEARN
WACKO
I GUESS WHEN U SUCK
WEELL HELL
U REALLY SUCK
ADIOS
OL BUDDY
WACKO
WE JUST DO
TUNE OUT
BE IN DARK
GO WATCH LENO
WACKO
I LOVE MR GREEN
HE IS AWSOME
AND HE BETTER NEVER LEAVE.
PLEASE
PLEASE
MR GREEN I WISH I COULD THINK LIKE U
JUST SOMTIMES
WACKO
I WISH I COULD SAY STUFF LIKE THAT
WWWWWHHHHOOOOO
U GO DEANN
U GO GIRL
OL BUDDY
WACKO
LMAO
!!U STOLED THAT POST FROM!!WACKO!!
I WISH
(((((((I LOVED IT))))))))THANKS
WACKO
OSGER U LIKE THE STOCK MARKET?
Me to.Some guys like to chase girls me i like to chase stock or atleast play-em.My wife loves me that better too.!lmao
!!hey!! thanks for the post.
WACKO
WERE THE HELL DID U COME FROM????
I LOVE U
WE GET ALONG JUST FINE
GOOD-DAY
WACKO
DAMN THATS GOOD
AWSOME
MISSED THIS PLACE
GOOD POST
WACKO
MAN I MUST SAY THIS IS A SHITTY POST
OR IS IT?
I DONT CARE IF IT IS OR NOT!!IM HERE TO BEAT THIS STOCK AND HAVE GOOD DISCUSTION.THAT POST IS SH!TTY DISCUSSTION IN MY OPINION.
LOVE THIS PLACE
JUST SIT BACK AND WATCH PLEASE
OR PLEASE PLEASE SELL
WACKO
JUST A REMINDER WHOS RUNNING THIS CO.
THANK GOD ITS NOT THIS CHAT ROOM!!LMAO!!
Walter Stunder
Chief Executive Officer
Interview conducted by:
Lynn Fosse
Senior Editor
CEOCFOinterviews.com
January 2004
BIO:
Walter Stunder, President
Founder of Aurora Pacific Consulting and Development Corp. and Black Sea Minerals, Inc. Aurora Pacific has been operating in the former Soviet Union since 1976 and in Ukraine since its independence in 1992. Mr. Stunder is fluent in both Ukrainian and Russian and has been to Ukraine 62 times. He has acted as consultant to many multinational companies doing business in Ukraine. He recently participated in Canada's official Trade Mission to Ukraine at the invitation of Prime Minister Jean Chrétien. Mr. Stunder is a leading authority on joint ventures in Ukraine.
Mr. Stunder is President, Chairman and Chief Executive Officer of the Company. He has been in the precious metals for many years. He received his education at the University of Saskatchewan. He has operated a successful consulting company for the past 26 years in the exploration and development of precious metals. He has been active as a board member of several public companies.
Because of his background and linguistic capabilities, he has been active in Eastern Europe since 1976. He has acted as a consultant to several International companies with regard to precious mineral properties and presently sees the potential in developments in that region.
Company Profile:
North Star Diamonds, Inc. (Pink Sheets: NSDM) is a mining company focused on the discovery of commercial diamond deposits in Ukraine and Canada. North Star is not starting a new program, but building on a 10-year base of diamond discovery in Ukraine, as well as further developing its Canadian assets. North Star Diamonds is committed to a long-range plan for diamond exploration and feels that with the Superior Craton Project and the assets in Ukraine, North Star is focused on establishing the Company as a true world explorer in search for diamonds.
CEOCFOinterviews: Mr. Stunder, please tell us what sets you apart from others in diamond exploration and how you became involved with North Star Diamonds?
Mr. Stunder: “I am a gemologist and have been in diamond exploration for fifteen years. I am probably one of the few gemologists that are into the exploration business as I always wanted to look for diamonds at the source. I worked for some major companies exploring for diamonds in the Soviet Union because I speak both Russian and Ukrainian. However, when some of the projects didn’t go well there, I decided to start my own company. I took over a company that was already trading on the pink sheets, and we renamed it North Star. I vended in some very good properties located in Ukraine. Some of our shareholders have asked us to start in Canada because Canada is producing 12% of the world’s diamonds and in 20 years, Canada is expected to produce up to 50%. Definitely the action is in Canada, so we moved into Canada to take advantage of the situation.”
CEOCFOinterviews: How do you decide where you should be looking?
Mr. Stunder: “It is very simple and a matter of economics. The diamonds in Canada have been found in the far north. When your start dealing north of the Arctic Circle, it is very difficult to operate and your costs are very high. In Ukraine, most of our kimberlite was found just off paved roads, so we thought we would look for the same type of places in Canada and the United States. We found some potential kimberlite, just off the TransCanada Hwy, which is the main road east and west in Canada. We hired some satellite imaging companies to look for them, and that is how we found them. We tested for indicator minerals, and they are there, so we have the best of both worlds.”
CEOCFOinterviews: How much of this is intuition and how much is science?
Mr. Stunder: “Diamonds have been found to the west of us and diamonds have been found to the northwest and diamonds in the U.S. to the south of us. We are right in the middle of it, and there is good geo science involved as well. We are on the edge of a Superior Craton and cratons are generally diamond producing areas. We are sort of the Christopher Columbus of the area; we picked up this area because no one else thought of looking there.”
CEOCFOinterviews: What is the process that you need to go through, and where are you in that process?
Mr. Stunder: ”First we have to locate the kimberlite structures, which we did through satellite imaging and then we did the ground-work and the geo physics with magnetometers at an area. That is precise work and needs to be done on the ground to find out where the center of the anomalies is. As of December 16th (2003), we started drilling our first four targets and it is going well. We will be finished on the 20th of this month, drilling the first four targets.”
CEOCFOinterviews: Where will you go from there?
Mr. Stunder: “We will take the core down to the laboratories to have it analyzed. If the core contains diamond indicator minerals or associated minerals, we will continue the exploration program.”
CEOCFOinterviews: What are you doing in the Ukraine now?
Mr. Stunder: “In Ukraine we completed our drilling program, but they do not drill in the winter there because of the antiquated equipment. We have taken the cores to the lab and we have the results, which are very good. We found over 141 micro diamonds. We have found some macro diamonds, which means they are over one millimeter in diameter. We will be working on the same area next year and will have a drill program organized by the end of January to look into Ukraine as well.”
CEOCFOinterviews: You mentioned antiquated equipment in the Ukraine; do you rent equipment or what are the physical needs of drilling there?
Mr. Stunder: “In Ukraine, we drill on a per-meter contract. The equipment belongs to the government and we work with the government. We have purchased one of our own drills there and it is working very well; drills can be purchased very inexpensively.”
CEOCFOinterviews: How are you funding the explorations?
Mr. Stunder: “We keep a tight budget and work in areas that are very cheap to work in. In Ukraine the geologists get about 125 dollars a month and the drillers get even less, so labor makes up the major portion of the cost. In Canada, we are drilling just off the Highway and our drilling costs are approximately 23 dollars a foot, whereas if you start drilling in the far north, your costs are over 150 dollars a foot. We get a lot of bang for our buck and we don’t have to raise that much money. We are raising money through the normal process of doing private placements, and some of the investors are buying shares.”
CEOCFOinterviews: What comes next?
Mr. Stunder: “We have several majors looking over our shoulder now, and some of the majors have realized that we have some of the best land in Canada. We may be forming joint ventures with some of the major companies. Funding is not going to be a problem. We are looking forward to establishing a cash flow through the sale of cut diamonds; this is something that will be announced early in the next year. One of the major diamond cutting companies is interested in funding our exploration program, and they are going to make their stock of diamonds available to us to sell over our website. Our website is well advertised and well accepted. We have other plans already to make North Star Diamonds a company that that is sustaining a good cash flow.”
CEOCFOinterviews: It sounds like you have things covered in all areas!
Mr. Stunder: “This is what the investors want; they don’t want a one-shot deal, where if we don’t find diamonds, we run out of money and everything goes down the drain. I have been at this awhile and I am over sixty with a lot of experience. I think we are building a company in which the shareholder gets very good results.”
CEOCFOinterviews: Are there other properties you are looking at in Canada that are close by?
Mr. Stunder: “Yes, we are offered properties virtually on a daily basis. There are several companies in Alberta and Saskatchewan. We have diamond properties offered to us in South America, Sweden as well as Africa. We have no shortage of picking up the best deals.”
CEOCFOinterviews: You mentioned that Canada will be the biggest diamond producer, tell us a bit about the diamond industry in general and where North Star fits it.
Mr. Stunder: “The industry in Canada is very new, we just started producing diamonds a few years ago, and we are already producing 12%. The momentum is with Canada now, and in the future Canada may be producing up to 50%. We have gotten some of the best territory on the superior Craton, which is one of the largest Craton and makes up about 23% if the world’s Craton. We have approximately fifteen more targets to drill immediately and we are well funded already. North Star Diamonds is going to be a major player. The results have been positive and we have immediately become one of the major players in Canada.”
CEOCFOinterviews: Does the interest in diamonds in general and exploration in particular, fluctuate in terms of the world economy?
Mr. Stunder: “Diamonds are a women’s best friend and as long is there are women around, there will be a good market for diamonds. Economically there is quite a bit of fluctuation in the market, although the diamond industry is short of good rough diamonds now. I went to the Rapaport Diamond Conference in New York in November (2003) and the indication was that the rough diamonds are going to be in short supply. There is always some area of the world, which is in very good shape. Presently, the United States is doing well, Asia is coming back and Europe is always relatively stable, so there will be a good market for diamonds in the foreseeable future. Diamonds are well established as the choice when it comes to jewelry. The diamond market in general is very positive in the future.”
CEOCFOinterviews: Once you find the diamonds, how long is the process before you have something in your hands to sell?
Mr. Stunder: “It is usually about a four or five-year process. In the northern Canada where they started out, it took about six years from the time they found them, to the time they actually came out of the ground. The processing of diamonds is a benign process; we don’t have to use any kind of chemical. It is strictly crushing the kimberlite in which the diamonds are found, making it into powder and screening the diamonds out. There are various processes of taking the diamonds out of the ground but it is simple because there are no chemicals or complicated processes.”
CEOCFOinterviews: You mentioned that in the mean time, you have some other plans for North Star to be sort of a diamond center, is that correct?
Mr. Stunder: “Having received my degree in gemology back in the 1970s; I used to operate several major jewelry stores, so I have made good connections. In addition, some of the major cutters of diamonds saw our website, how well it is operating, how well it is advertised and became interested in working with us. We are approaching 6000 shareholders now, which for a small company is a large amount. With approximately 3000 people visiting our website every week, our plans are to sell diamonds on our website. Our diamonds will be graded by GIA (Gemological Institute of America) or the European Gemological Society. People will feel very comfortable purchasing diamonds from us on the website and that will give us a cash flow as well as possibly providing funding for our exploration process.”
CEOCFOinterviews: What do you see as your challenges for the future?
Mr. Stunder: “Vertical integration is the main process right now and we will be a vertically integrated company. Companies like Tiffany’s have already invested into exploration of diamonds, so we have to start out our vertical integration at an early stage. If you try to vertically integrate, once you get very large, it costs a lot of money. We have two main challenges; number one is finding a good diamond supply, which we have already done for our retail market. We think that we have some of the best properties in the world when it comes to exploring for diamonds. The other is diamond cutting, I am very familiar with that and know more about diamond cutting than I do about diamond exploration. If we find diamonds and we have a good retail market, then the cutting plan is just a natural part of the chain.”
CEOCFOinterviews: Why should investors be looking to North Star as opposed to some of the other companies out there?
Mr. Stunder: “North Star Diamonds has a very good management team. We have a slow burn out rate; that means that our over-head is very low. We are under valued in the market as far as I am concerned. Plans are to become fully reporting in early 2004 and apply for OTC:BB listing. We have some of the best people and we have one of the world’s foremost satellite imaging area experts, and he has pointed out where we should be going. Since the early 1970s I have been interested in diamonds and have a vast knowledge of the type of area where and what we should be looking for. I actually feel that we have the best management team in the industry for a small cap company. I feel the benefits of the approach we have taken will become apparent in the near future.”
CEOCFOinterviews: In closing, what would you like readers to remember about North Star Diamonds?
Mr. Stunder: “While we are a young company, we have a lot of experience. I think North Star Diamonds is a very good investment at this point.”
http://www.ceocfointerviews.com/interviews/NorthStarDiamonds.htm
HEY WAIT
Look i like talk stocks look at BHMNF it looks good.
OKAY
LATER
WACKO
WACKO IS KINDA LIKE U
Thanks for the quick response
Wacko works for somthing to do .
be counted on.
responsable.
be sombody.
GO WALTER
MONEY SUCKS
LMAO
I WILL BE WATCHING THE TICKER AND STORIES
WACKO
HOLLYSMOKES YOU GOT YOUR OWN CHAT ROOM!!!
HOW COOL
THESE ARE YOUR FIRST POST IN HERE HOPE U MAKE-GOOD???
HOW ABOUT SOME SH!T ABOUT U !AN HOW U WAS RAISED?
How about u an WALTER u think alike?
please dont kick me off?
i just asking?
thanks
ol wacko
U WANT WACKOS ADVISE IGGY TIME
JMO
WACKO
O YEA KMGM LOOKS LIKE ITS GETTING TEETH
O-YEA WACKO GOT WACKED TODAY
DAMN GOLD
LIFES UPS AND DOWNS
I DID GET A TON A SNG TODAY
WELL U ALL HAVE A GREAT WEEKEND
BIG AUCTION SUNDAY
MAYBE CHAT MONDAY
BORN AMERICAN
WACKO
HOPE U HAD A GREAT TRIP MY FRIEND
Welcome back sorry if my post affended u truly am.
Any way glad your back and hope u got the same point a views as before as i enjoyed them.
As to my trading NSDM if u followed me u would know i have had 1,800,000 shares at 1 time if u would like to see the trades the times,dates and how many shares i be happy to fax them to u for now i have a little over 1mil honest.And yes wends was a hard day for wacko 30 grand.But remember i bought over 700,000 under .05 i be happy to prove if u like it will be from ameritrade so if u think they lie theres no hope i guess.
I tried to buy today 133,000 at .055 no fill 250,000 at .054 no fill and yesterday i was in at .055 with 300,000 and out at the close .060 not a bad day he.
ANYWAY U WANT THE FACTS I GOT-EM
HAPPY TRADING
YOUR OL BUDDY
WACKO
IM TIERD REALLY AND I EVEN GOT TO BATH YET
I STINK
I DONT EVEN FILL LIKE BATHING TIERD!!!
DAMN JOB!!!
GUY MUST WORK!!
HE WILL DIE!!
WACKO WORK HARD
EVERYDAY MANY JOBS
WACKO<=================GOING TO WASH-UP
WACKO<==============GOING TO BED (ALREADY SAID THAT I THINKK)
TOMORROW LIFE, THANKS TO AMERICAN SOLDIER WACKO IS FREE IN AMERICA
DONT TEWLL NOBODY K
I SOLD MINE!!LMAO!!
EVEN MY FREE SHARES!!LMAO!!
CHARTS SUCKS BAD
JMO
WACKO
LMAO OK THANKS
GET RIGHT ON IT
WACKO