[Cluster] Urgent investor alert, big potential!
OTC ALERT
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Wed, 2 Feb 2005 08:26:43 -0600
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<td><h3 align="center"><font color="#006666" size="7" face="Georgia, Times New Roman, Times, serif">OTC ALERT</font><font size="7" face="Georgia, Times New Roman, Times, serif"><br>
</font><font size="5" face="Georgia, Times New Roman, Times, serif">Investors' #1 Source for<br>
Tomorrow's Leaders </font></h3>
<div align="center"><font size="5" face="Georgia, Times New Roman, Times, serif"><em>Issue #126 January 2005</em></font> </div></td>
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<td><font size="2"><strong><font face="Verdana, Arial, Helvetica, sans-serif">North Star Diamonds, Inc. </font></strong>
<font face="Verdana, Arial, Helvetica, sans-serif"><strong>High <u><em>Growth Special Situation</em></u><br>
</strong>Symbol: (OTC BB: <strong>NSDM </strong>)<br>
52 Week Range: $0.019 - $0.099 Shares Outstanding: 620,779,995 Approximate Float: 180 Million Current Price: <strong>$0.023<br>
</strong>One Year Target Price: <strong>$0.26</strong><br>
<strong><a href='http://www.infoemail-web.com/080E111E07010617003213014040425C1D00150E414A4347450E40400E400E404746454541410E08.aspx'>www.northstardiamonds.net </a></strong></font></font></td>
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<p><font color="#006699" face="Georgia, Times New Roman, Times, serif"><strong><font color="#006666">CORPORATE SUMMARY</font></strong> </font><font size="2" face="Georgia, Times New Roman, Times, serif"><strong></strong></font><font size="2" face="Verdana, Arial, Helvetica, sans-serif"><strong> </strong></font></p>
<p align="left"><font face="Verdana, Arial, Helvetica, sans-serif"><strong><font size="2">North Star Diamonds (OTC Pink Sheets: NSDM) </font></strong><font size="2"> is a successful, well-managed mining company that is focused on the discovery of commercial diamonds in one of the world's prime areas- Canada ! In 2004 Canada was ranked as the world's THIRD largest producer of diamonds by value, surpassed only by Botswana and Russian. Today <strong><u>Canada is recognized as one of the world's BEST areas for diamond exploration.</u> </strong> As a matter of fact, industry giant DeBeers controls 50% of the global diamond market and budgeted $35 million for Canadian diamond exploration in 2004, an amount equal to 50% of their annual exploration budget!</font></font></p>
<p align="left"><font size="2" face="Verdana, Arial, Helvetica, sans-serif">Moreover, North Star has in corp orated a wholly owned subsidiary which offers one of the world's largest selections of diamonds to the public. All of their quality diamonds are graded by the <strong><em>Gemological Institute of America </em></strong> (GIA), which guarantees their quality and characteristics. <strong>NSDM is now operating at a profit due to its global diamond sales </strong> and this profit is being used to finance the Company's extensive exploration program, thus minimizing or completely eliminating future share dilution!</font></p>
<p align="left"><font size="2" face="Verdana, Arial, Helvetica, sans-serif"><strong><em><u>NSDM now controls 121,808 acres of strategically located diamond claims in the most promising areas for diamond exploration in Canada</u> . </em></strong> These claims were staked using Computer Enhanced Geological Imaging system that enhances the image of potential kimberlite pipes. The identification of kimberlite pipes is a significant step toward a successful exploration program and corporate management is highly confident that NSDM will make some significant commercial diamond discoveries. Their 2005 exploration program has now started and positive results are expected to be announced in the next few months. The low cost of open pit mining and excellent access enhances the potential for discovery of a very profitable diamond mine. As a matter of fact, t he recently discovered <strong><u>Ekati™ diamond mine </u></strong><u> in Canada by a competitor <strong><em>is projected to generate gross revenues of about $500 million annually over a 17 year life ($8.5 BILLION in total)</em></strong></u><strong><em>! </em></strong></font></p>
<p align="left"><font size="2" face="Verdana, Arial, Helvetica, sans-serif">It is no secret that some investors have gotten very wealthy with some fortunate investments in junior diamond stocks that had a big productive commercial diamond discovery. Obviously, diamond exploration is very speculative and carries with it a great deal of risk, but the rewards, if a major producing diamond site is discovered, can be immense. Simply stated, <strong>it can easily mean production potential of $500 million up to $3, $4, $5 Billion or more, which would send share prices soaring! </strong></font></p>
<p align="left"><font color="#006666" face="Georgia, Times New Roman, Times, serif"><strong>BOTTOM LINE: </strong></font></p>
<p align="left"><font face="Verdana, Arial, Helvetica, sans-serif"><strong><em><font size="2">There is no doubt that NSDM offers some huge upside potential from its current depressed price of just 2.3 cents. </font></em></strong><font size="2">The Company is working in a prime area in Manitoba that is ripe with potential diamondiferous kimberlite pipes and is led by CEO Walter Stunder who has intimate knowledge of the area, and who has had major success in previous mining ventures. <strong>NSDM is positioned in front of a $50 billion retail diamond market </strong> and we clearly feel that investors in this stock have excellent potential for huge appreciation gains. <em><u>This is an exciting, well-managed Special Situation with major appreciation potential!</u></em></font></font></p>
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<p align="center"><strong><font color="#FFFFFF">KENDRICK DRILLING SERVICES TO DRILL PHASE 3,<br>
</font></strong><font color="#FFFFFF"><strong>PELICAN RAPIDS IN MANITOBA . </strong></font></p>
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<td style="padding-bottom:10px"><p align="left"><font size="2"><font face="Arial, Helvetica, sans-serif"><font face="Verdana, Arial, Helvetica, sans-serif"> <strong>Press Release </strong> </font></font></font> </p></td>
<td style="padding-bottom:10px"> <div align="right"><font color="#669966" size="2" face="Verdana, Arial, Helvetica, sans-serif"><strong>January 26, 2005 </strong></font></div></td>
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<td colspan="2"><p><font size="2" face="Verdana, Arial, Helvetica, sans-serif">BELLINGHAM , WA , January 26, 2004 ,/PRNewswire-FirstCall via COMTEX/-- North Star Diamonds, Inc. (NQB Pink Sheets: NSDM) has arranged Kendrick Drilling Services of Chilliwack, B.C. to drill Phase 3 and possibly Phase 4 of North Stars drilling program in Manitoba.</font></p>
<p><font size="2" face="Verdana, Arial, Helvetica, sans-serif">Drilling on Phase 3 in the Pelican Rapids/Swan River property will commence as soon as Kendrick Drilling Services completes its current project, which is expected to be late February. Kendrick Drilling Services offered a very competitive rate due to the type of equipment used, which is more suitable for shallow drilling. The commencement of drilling will be announced once dates have been scheduled. Drilling on the other properties may be done this summer as they are on sandy soil.</font></p>
<p><font size="2" face="Verdana, Arial, Helvetica, sans-serif">Attracting joint venture partners is part of NSDM's strategy to add value to its numerous properties while minimizing share dilution to its shareholders. NSDM is actively pursuing additional joint venture property option partners.</font></p>
<p><font size="2" face="Verdana, Arial, Helvetica, sans-serif">For further information on NSDM, visit <a href='http://www.infoemail-web.com/080E111E07010617003213014040425C1D00150E414A4347450E40400E400E404746454541410E08.aspx'>www.northstardiamonds.net</a></font></p>
<p><font size="1" face="Verdana, Arial, Helvetica, sans-serif">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.</font></p> </td>
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<td style="padding:20px"><p><font color="#666666" size="1" face="Verdana, Arial, Helvetica, sans-serif">OTC Alert is a communications arm of OTCReporter .com . OTC Alert is not licensed by any governmental or regulatory agencies and is NOT a Registered Investment Advisor, Financial Planning Service or a Stock Brokerage Firm and in accordance with such, OTC Alert is not offering investment advice or promoting any investment strategies. OTC Alert IS NOT OFFERING SECURITIES FOR SALE OR SOLICITATION OF ANY OFFER TO BUY OR SELL SECURITIES. This stock advertisement or e-mail alert contains or in corp orates by reference" forward-looking statements," including certain information with respect to plans and strategies of the featured company. As such, any statements contained herein or in corp orated herein by reference that are not statements of historical fact may be deemed to be forward-looking statements. Without limiting the foregoing, the words "believe(s)," "anticipate(s)," "plan(s)," "expect(s)," "project(s)", “forecast(s) “will,” “estimate(s),” "understand(s)" or that by statements indicating certain actions “may,” “could,” or “might” occur and similar expressions which are intended to identify forward-looking statements. OTC Reporter has been compensated two million free trade shares by a third party. There are a number of important factors that could cause actual events or actual results of the Companies profiled herein to differ materially from these forecasts and projections as indicated by such forward-looking statements. Statements that are not strictly historical are “forward-looking” within the meaning of the Safe Harbor Clause of the Private Securities Litigation Reform Act of 1995. Investors are cautioned that such forward-looking statements invoke risk and uncertainties that may cause the Company's actual results to differ materially from such forward-looking statements . Prior to making an investment, investors should consult with their financial advisor and visit Edgar at <a href='http://www.infoemail-web.com/080E111E07010617003213014040425C1D00150E414A4347450E40400E400E4A404742430E08.aspx'>www.sec.gov</a>. </font> </p></td>
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