web analytics
Stellar Diamonds Finds….Well….Yeah, Diamonds

Stellar Diamonds today announced "encouraging initial diamond recoveries from drill core samples of the Company's 100% owned Droujba kimberlite pipe in south east Guinea". Highlights from the sample included: 538 diamonds recovered from 291.62kg of Kimberlite 5 commercial sized diamonds larger than 0.85mm recovered Largest recovered diamond measures 5.60mm x 2.80mm x 1.80mm Majority of diamonds are classified as white, colourless and transparent Macro-diamond grade forecast to be undertaken You can read the full release over at the London Stock Exchange website. Here's why we got on board with Stellar initially. Today's good news just reinforces that decision. In the month and a bit since then, Stellar Diamonds has...

Purchase – Stellar Diamonds

Diamonds are a boy's best friend. Well, maybe not best friend but with a 43% gain since we purchased a bunch in mid December 2010, Stellar Diamonds have at least made my Christmas card list. After selling up some Hutchison China Meditech and and all of our Workspace Group on 17th December 2010 we turned around and plonked the proceedings into Stellar Diamonds (STEL.L). We purchased 12,233 shares at 8.195 pence for a total outlay of £1,002.49. In the handful of days of Christmas trading since then, Stellar has packed on another 4 pence and currently trades at 12.2 pence as I type. Why...