Sant Uk.10te% Discussion Threads

[richtea120] 09/12/2007 20:24

I have been in and out of eme so many times you just have to catch it right rather buy more of these if possible .Did any one see anything in sunday papers about this ?

[bsg] 09/12/2007 16:10

sta for tsx

[granville2] 09/12/2007 16:07

Whats is its ticker on the TSX?

[p0lanski] 09/12/2007 15:48

lucky me,bought in thursday on tip off..had the same tip off for EME MONDAY

[richtea120] 09/12/2007 11:08

This share rose 400% plus on the tsx v on friday so there could be fireworks on monday i am going to try to buy more first thing monday .I dont think there is much chance under 60p but its worth a try imho..

[simonparker5] 07/12/2007 20:22

Guys we are $1.8 in Canada =£.75 going to open blue come Monday. What great news today.

[simon_64] 07/12/2007 17:49

Think i might do a bit of research on diamonds over the weekend, this one looks overlooked excuse the pun.

[ihavenoclue] 07/12/2007 17:43

2 years of posts on one page ... amazing

[richtea120] 07/12/2007 17:08

Not a fortune but the potential is enormous its funny i bought these by mistake quite pleased today .

[robhammers] 07/12/2007 16:08

whats this find worth

[regandjess] 07/12/2007 16:04

This isnt a very busy thread is it?????????

[davius] 07/12/2007 15:05

Just spotted this coming through on news:

SANATANA'S NEWLY DISCOVERED DHARMA KIMBERLITE IS DIAMOND BEARING

Vancouver, British Columbia, Canada, December 7, 2007. Sanatana Diamonds Inc., ("Sanatana" or the "Company", AIM: SAN: TSX-V: STA) is pleased to announce that it has received the first batch of caustic fusion diamond results from the Company's newly discovered Dharma kimberlite pipe. These results were generated by Thunder Bay Diamond Services(1), which is operated by Kennecott Canada Exploration Inc.

This first batch weighed 339.18 kg and is from 21 separate samples of split NQ2 size drill core from the discovery drill hole. Approximately one tonne of kimberlite has been sent for microdiamond recovery and the results from the two remaining batches will be reported as they come to hand.

In total, 180 diamonds greater than 0.106mm have been recovered, which equates to 531 stones recovered per tonne. Table 1 below shows the stone size distribution for this group of samples.

TABLE 1: Diamond distribution in CIM sieves (mm)
Combined 0.106 0.15 0.212 0.3 0.425 0.6 0.85 1.18 1.7 TOTAL
Weight Sieve Sieve Sieve Sieve Sieve Sieve Sieve Sieve Sieve
(kg)
339.18 77 45 29 12 7 7 2 0 1(2) 180

(1) Kennecott Canada Exploration Inc. operates Thunder Bay Diamond Services, which is assessed and registered by Intertek Testing Services NA Ltd. as conforming to the requirements of ISO 9001-2000. (2) This diamond measured 3.20 x 2.70 x 0.95 mm and weighed 0.06 carats.

The diamonds are described as being 60% white in colour and 23% have octahedral crystal habits. The largest stone2 weighed 0.06 carats and measured 3.2mm across, falling on a 1.7mm sieve.

The management of Sanatana is highly encouraged by these initial results.

The Company initially acquired, in June 2004, approximately 20 million acres of permits that comprise its Mackenzie Project. The acquisition was based on the premise that a deep, cool, potentially diamondiferous craton existed under the project area. Management believes that this new discovery, on what the Company now calls the Mackenzie Craton, confirms this premise.

The Company has, after four years and some $20 million in exploration, consolidated its original 20 million acres of permits into about 5.9 million acres that have at least six discrete regions with anomalous geochemical indicator mineral concentrations. These regions are the Greenhorn, Simpson, Yeltea, Colville, Horton and Estabrook Projects.

Management believes that the Company's exploration strategy of controlling a large land area and using geochemical indicator mineral analysis to define probable kimberlite fields within that area, coupled with geophysics to define individual kimberlites, has now been proven.

The Dharma discovery, which occurs in the Greenhorn Project area, is a prominent geophysical anomaly at the head of a kimberlite indicator mineral anomaly. Kimberlites generally occur in fields of 30 or more and the Company has several drill ready targets in close proximity to Dharma. The likelihood of additional kimberlite in the Greenhorn Project area is supported by till sampling which shows a regional cloud of indicator minerals in the area. Geophysical surveys will begin in February 2008 to define additional drill targets with drill testing of targets commencing in early March 2008.

Results coming in from the 2007 summer sampling program have produced several new indicator mineral trains which are coupled with magnetic anomalies. The indicator mineral chemistry of these new targets is positive for diamonds. The new targets, some of which are already drill permitted, are from projects other than the Greenhorn. The Company plans to drill test these targets over the next 24 months.

[rambutan2] 01/3/2006 00:02

third quarters out today to 31/12/05. they all set to list on tsx-v (and don't canaccord do well out of it!) at equiv of 87p...

5. Subsequent Events

(a) On January 6, 2006 the Company entered into a financial arrangement with Canaccord Capital Corporation ("Canaccord") pursuant to which Canaccord will act as Sanatana's agent in connection with a placement by way of long form prospectus in the provinces of British Columbia, Alberta, Manitoba and
Ontario, for up to 4,000,000 flow through common shares at an issue price of $ 1.75 per share for gross proceeds of $ 7,000,000. Offering size will be a minimum of $5,000,000 and a maximum of $7,000,000.

A cash commission of 6% will be paid to Canaccord on proceeds raised. In addition Canaccord will be granted warrants to acquire Common shares of the Company equal to 6% of the number of Flow-Through Shares sold under the offering. A corporate finance fee of 100,000 common shares (the "Corporate
Finance Fee Shares") shall be paid to Canaccord upon the completion of the Offering. Canaccord will also be paid an administration fee of $7,500, payable as to 50% at the commencement of the engagement and 50% upon closing.

Completion of the financing is subject to regulatory approval. It is anticipated that Directors and management of the company will participate in the private placement.

(b) On January 26, 2006 Kennecott agreed to provide the necessary Letters of Credit to cover the bonding requirements of approximately $5.2 million for the 2006 exploration season in respect of the 2004 Jaeger permits, the 2005 Jaeger permits and the Diamonds North permits, but excluding the lapsed permits. The Company has agreed that (1) any amounts drawn on these letters of credit will constitute a debt owing by the Company to Kennecott, (2) Kennecott will have a security interest in all of the Company's present and after acquired property and assets for any such debt owing, and (3) Kennecott will have the right, 90 days after making demand for any such debt owing, to increase the 15% interest
it may earn in the Mackenzie Diamond Project by 1% for each $ 300,000 or portion thereof owing.

(c) On January 30, 2006 the Company reached an Access Agreement to all Deline surface lands within the Company's Mackenzie Diamond Project area with the Deline Land Corporation. ("DLC") This access agreement is key for the Company's proposed spring 2006 Exploration program in the Kilekale Lake area,
where at minimum 12 targets will be subjected to detailed geophysical surveys and drilling for potential kimberlites. Subject to the renewal or termination, this Agreement commences on August 15, 2005 and will end December 31, 2007. Under the terms of the Agreement, the Company will:

i) Pay Access Fees to DLC at a rate of $ 1,200/ha. for surface right access on the Deline Lands.

ii) A $6,500 Annual Administration Fee with respect to the Exploration Activities.

iii) For the 2006 Winter Drilling Exploration Activities Sanatana agrees that it will pay DLC a total of $ 25,000 for the completion of a traditional knowledge study.

iv) Sanatana will contribute $ 30,000 towards a Social Impact trust, to be created by DLC, which function will be to foster the development of community infrastructure, as well as assist with cultural initiatives.

v) Sanatana agrees to cover all of DLC negotiation costs in connection with this Agreement and will remit $ 30,000 upon execution of this Agreement, and $30,000 upon receipt by Sanatana of the land use permit applied for in December 2005, and to be issued by the Sahtu land and water board for the 2006
Exploration activities.

vi) Sanatana agrees to obtain and keep in force throughout the term of this Agreement, comprehensive general third party liability insurance, the limits of which will be no less than $ 5 million, and

vii) Consult with DLC to address the Environmental impact of the Exploration Activities and its consequences with respect to wildlife harvesting and migration.

(d) On February 16, 2006 the Company entered into agreement with Diamonds North and Majescor to purchase 10 prospecting permits registered in the name of Diamonds North Resources Ltd., and covering approximately 372,208 acres which are strategically located within the outer boundaries of the
Mackenzie Diamond Project area.

As consideration for the Diamonds North permits, the Company granted Diamonds North and Majescor a 1.5% gross overriding royalty on diamonds and a 1.5% net smelter royalty on other minerals, agreed to file a report of work and, when received, refund the deposit lodged in respect of the Diamonds North
Permits for the 2005 exploration season, and agreed to provide information and data with respect to the Diamonds North Permits. A member of the Jaeger Joint Venture has retained a 0.5% gross overriding royalty on diamonds and a 0.5% net smelter royalty on other minerals with respect to the Diamonds
North Permits.

(e) The Company has entered into an agreement, effective September 15, 2005, with St. George Minerals Ltd., a company controlled by a director of the Company, to provide financial and administrative management services. The agreement is for an initial term of three years and thereafter renewable on
an annual basis. Under the terms of the Agreement, the Company will contribute 40 % of the gross rental paid by St. George Minerals Ltd for the office space occupied by the Company plus actual staff hours incurred at a set hourly rate.

(f) In January 2006, based on results of 2004 till sampling and preliminary results of 2005 airborne geophysical surveying and till sampling, the Company decided to allow 88 of the 2004 Jaeger permits and 2 of the 2005 Jaeger permits (covering a combined total area of approximately 4 million acres) to
lapse. The Company will not post bonds for these lapsed permits for the 2006 exploration season.

[ianwc] 09/12/2005 09:30

agreed. had a long chat with Buddy yesterday. This could be an interesting play over the next 12 months once they start drilling some targets this summer.

[rambutan2] 08/12/2005 23:28

interims out today. this is a big project which they are going about in a serious manner. they say they're going to upgrade the website - which certainly needs it - and start doing a bit of investor relations. expect to list it on tsx-v in first quarter 06. will be interesting to see how the canadians value it.

[rambutan2] 05/12/2005 16:57

thought i'd give it a thread although don't have a position in it. seems a bit of an oddity and an obvious question is why list on AIM and not in canada?
that said, it's got some good names on board ie buddy doyle and rio backing it and a huge swathe of frozen land to explore.