Post by fastwalker on Sept 26, 2004 21:13:51 GMT -5
By: richmi03
15 Sep 2004, 10:10 AM EDT
Msg. 81685 of 87183
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CMKX - Anyone remember NSDM? Interesting news today...
Wed Sep 15 10:00:00 2004 EST
BELLINGHAM, WA, Sep 15, 2004 /PRNewswire-FirstCall via COMTEX/ --
North Star Diamonds,
Inc. (NQB Pink Sheets: NSDM) is reviewing proposals of potential joint venture
partners for development of several Manitoba diamond claims.
While NSDM will be drilling several of its own claims this fall, the
company is also considering joint venture partners to develop several
additional claims. Presently, NSDM has over 110,000 acres of strategically
claimed land and it will be physically and financially impossible to drill all
the targets within the near future.
NSDM is acquiring additional land with the purpose of joint ventures in
the future. Walter Stunder states "We expect this strategy to benefit NSDM
shareholders since the land is acquired with the company's newly developed
Computer Assisted Geophysical System (CAGS).
Also, Walter Stunder is very pleased with the volume of diamond sales
through the e-commerce website which has been operating successfully. NSDM is
still on track to become profitable by the end of September.
NSDM is pleased to announce that the diamond inventory has been increased
from $8,000,000 to $18,000,000. Further increases will be announced in the
future.
For further information on NSDM, visit www.northstardiamonds.net
Disclaimer: The Company relies upon the safe Harbor Laws of 1993, 1934,
and 1995 for all public news releases. Statements, which are not historical
facts, are forward-looking statements. The Company, through its management,
makes forward-looking public statements concerning its expected future
operations, performance and other developments. Such forward-looking
statements are necessarily estimates reflecting the Company's best judgment
based upon current information and involve a number of risks and
uncertainties, and there can be no assurance that other factors will not
affect the accuracy of such forward-looking statements. It is impossible to
identify all such factors. Factors which could cause actual results to differ
materially from those estimated by the Company include, but are not limited
to, government regulation, managing and maintaining growth, the effect of
adverse publicity, litigation, competition and other factors which may be
identified from time to time in the Company's public announcements.
CONTACT: Toll Free: 1-877-454-7872, or
Email: contact@northstardiamonds.net
Walter Stunder, President
SOURCE North Star Diamonds, Inc.
SOURCE North Star Diamonds, Inc.
Toll Free: 1-877-454-7872, or Email:
contact@northstardiamonds.net
(NSDM)
joint partners wanted, Bulletin Board financial stock security, drilling, additional claims and diamonds....
Does this sound like another company you may have heard of other than NSDM. Lets see, UCAD owns some of CMKX, CMKX owns some of UCAD.....
