Star Diamond Corporation

DIAM-T

Analysis and Opinions about DIAM-T

Signal
Opinion
Expert
BUY
BUY
March 3, 2020

He bought this in December and it's been on a tear, because Rio Tinto exercised three options on their property (https://thestarphoenix.com/business/mining/star-diamond-corp-to-start-trenching-operations-at-fort-a-la-corne-sites). DIAM has been grinding through this project for 20 years; it's low-grade, but a very large diamond deposit. There's been a dispute with Rio Tinto (https://thestarphoenix.com/news/local-news/star-diamond-says-rio-tinto-hasnt-complied-with-agreement-on-project-near-prince-albert). The details aren't public, but it's probably over spending commitments. Rio exercised that option at least a year ahead of expectations. He believes Fort a la Corne will be a real project and the Star Diamond project makes sense.

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He bought this in December and it's been on a tear, because Rio Tinto exercised three options on their property (https://thestarphoenix.com/business/mining/star-diamond-corp-to-start-trenching-operations-at-fort-a-la-corne-sites). DIAM has been grinding through this project for 20 years; it's low-grade, but a very large diamond deposit. There's been a dispute with Rio Tinto (https://thestarphoenix.com/news/local-news/star-diamond-says-rio-tinto-hasnt-complied-with-agreement-on-project-near-prince-albert). The details aren't public, but it's probably over spending commitments. Rio exercised that option at least a year ahead of expectations. He believes Fort a la Corne will be a real project and the Star Diamond project makes sense.

COMMENT
COMMENT
June 6, 2017

This has a diamond project in Saskatchewan and have been working on it for more than a decade. It was a pretty decent company and had good potential for future development, but the diamond industry is extremely difficult. Cash needs to be raised and you have to perform up to expectations. A pretty high-risk play.

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This has a diamond project in Saskatchewan and have been working on it for more than a decade. It was a pretty decent company and had good potential for future development, but the diamond industry is extremely difficult. Cash needs to be raised and you have to perform up to expectations. A pretty high-risk play.

COMMENT
COMMENT
March 8, 2016

Spent a lot of money on the Fort a la Corne star kimberlites, a very low grade system in Saskatchewan. Their base case is up at the higher end. Even though it is a low grade system, it appears to have potential for larger, high quality diamonds. Although it will require a lot of CapX to develop, one of the new trends in the diamond junior sector is to revisit the kimberlites that are not off scale, and see if they have Type 2A diamonds. When somebody serious start to look at a lower grade system and revisiting it, it is time to pay attention.

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Spent a lot of money on the Fort a la Corne star kimberlites, a very low grade system in Saskatchewan. Their base case is up at the higher end. Even though it is a low grade system, it appears to have potential for larger, high quality diamonds. Although it will require a lot of CapX to develop, one of the new trends in the diamond junior sector is to revisit the kimberlites that are not off scale, and see if they have Type 2A diamonds. When somebody serious start to look at a lower grade system and revisiting it, it is time to pay attention.

DON'T BUY
DON'T BUY
August 25, 2011
He never buys into IPOs. Only has one miner in his portfolio.
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He never buys into IPOs. Only has one miner in his portfolio.
DON'T BUY
DON'T BUY
October 7, 2010
Diamond project that will need hundreds of millions of dollars of CapX to bring it to bear. Doesn't see banks really ready to land on these types of projects any time soon. Good project.
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Diamond project that will need hundreds of millions of dollars of CapX to bring it to bear. Doesn't see banks really ready to land on these types of projects any time soon. Good project.
COMMENT
COMMENT
May 13, 2010
Doesn't know this company well but the management seems to know how to make the stock move. Tremendous play in Northern Ontario.
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Doesn't know this company well but the management seems to know how to make the stock move. Tremendous play in Northern Ontario.
SELL
SELL
November 16, 2009
(Market Call Minute.) Diamonds in Saskatchewan. Not a big fan of diamonds.
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(Market Call Minute.) Diamonds in Saskatchewan. Not a big fan of diamonds.
BUY
BUY
October 5, 2009
Diamonds. This is a good entry point. Have 2 projects, the Orion and Star project in Saskatchewan. Still developing the mine, which will take billions of dollars so there, is financing risks.
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Diamonds. This is a good entry point. Have 2 projects, the Orion and Star project in Saskatchewan. Still developing the mine, which will take billions of dollars so there, is financing risks.
COMMENT
COMMENT
September 18, 2009
Moving averages are at $.70 and stock is at $1.50, well ahead of the momentum. Probably has higher potential. If you own, just in case of a pullback, consider taking profits on half the position and buying it back on a pullback. Relative Strength Index suggests it is well into overbought territory and that herd mentality is starting to turn. Pull back could be at around $1.10.
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Moving averages are at $.70 and stock is at $1.50, well ahead of the momentum. Probably has higher potential. If you own, just in case of a pullback, consider taking profits on half the position and buying it back on a pullback. Relative Strength Index suggests it is well into overbought territory and that herd mentality is starting to turn. Pull back could be at around $1.10.
DON'T BUY
DON'T BUY
August 27, 2009
Diamonds. We have to wait for the junior market to mature for a lot of these companies and will take a bit of time. There is a little financing starting to being done. They'll require capital to keep going.
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Diamonds. We have to wait for the junior market to mature for a lot of these companies and will take a bit of time. There is a little financing starting to being done. They'll require capital to keep going.
SELL
SELL
June 23, 2009
(Market Call Minute.) Made an attempt at a rally to the $.90-$1 level and is now fading. Doesn't think it's going to last long.
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(Market Call Minute.) Made an attempt at a rally to the $.90-$1 level and is now fading. Doesn't think it's going to last long.
BUY WEAKNESS
BUY WEAKNESS
May 26, 2009
Primarily diamonds and the diamond market collapsed during the economic downturn. Starting to come back to life a little. Recent drill results confirmed a potential diamond mine. Likes the prospects. Good entry point would be $.60 or below. High risk.
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Primarily diamonds and the diamond market collapsed during the economic downturn. Starting to come back to life a little. Recent drill results confirmed a potential diamond mine. Likes the prospects. Good entry point would be $.60 or below. High risk.
DON'T BUY
DON'T BUY
April 29, 2009
Currently losing money and in development stage for mine. A year from now you will be closer to finding out if you can bring the mine into production.
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Currently losing money and in development stage for mine. A year from now you will be closer to finding out if you can bring the mine into production.
DON'T BUY
DON'T BUY
November 7, 2008
Diamonds. Had a pretty robust project looking forward but they needed to raise money to expand the project. Everything hit the wall at the same time. Had some grade issues that were not as good as some people had expected.
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Diamonds. Had a pretty robust project looking forward but they needed to raise money to expand the project. Everything hit the wall at the same time. Had some grade issues that were not as good as some people had expected.
DON'T BUY
DON'T BUY
September 3, 2008
Had a double top in 06/07. (A true double top is tremendously bearish.)
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Had a double top in 06/07. (A true double top is tremendously bearish.)
Showing 1 to 15 of 80 entries

Star Diamond Corporation(DIAM-T) Rating

Ranking : 4 out of 5

Bullish - Buy Signals / Votes : 1

Neutral - Hold Signals / Votes : 0

Bearish - Sell Signals / Votes : 0

Total Signals / Votes : 1

Stockchase rating for Star Diamond Corporation is calculated according to the stock experts' signals. A high score means experts mostly recommend to buy the stock while a low score means experts mostly recommend to sell the stock.

Star Diamond Corporation(DIAM-T) Frequently Asked Questions

What is Star Diamond Corporation stock symbol?

Star Diamond Corporation is a Canadian stock, trading under the symbol DIAM-T on the Toronto Stock Exchange (DIAM-CT). It is usually referred to as TSX:DIAM or DIAM-T

Is Star Diamond Corporation a buy or a sell?

In the last year, 1 stock analyst published opinions about DIAM-T. 1 analyst recommended to BUY the stock. 0 analysts recommended to SELL the stock. The latest stock analyst recommendation is BUY. Read the latest stock experts' ratings for Star Diamond Corporation.

Is Star Diamond Corporation a good investment or a top pick?

Star Diamond Corporation was recommended as a Top Pick by Dennis da Silva on 2020-03-03. Read the latest stock experts ratings for Star Diamond Corporation.

Why is Star Diamond Corporation stock dropping?

Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.

Is Star Diamond Corporation worth watching?

1 stock analyst on Stockchase covered Star Diamond Corporation In the last year. It is a trending stock that is worth watching.

What is Star Diamond Corporation stock price?

On 2020-09-24, Star Diamond Corporation (DIAM-T) stock closed at a price of $0.2.