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Diamond & Specialty Minerals Summary for Sept. 14, 2017

2017-09-14 19:00 ET - Market Summary

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by Will Purcell

The diamond and specialty minerals stocks box score for Thursday was a pleasant 75-54-134. The TSX Venture Exchange gained five points to 776 while polished diamond prices were flat. Tantalex Resources Corp. (TTX) doubled today, closing up 4.5 cents to nine cents on 1.53 million shares on word it can acquire lithium, cobalt or other specialty mineral projects in the Democratic Republic of the Congo.

Matthew Wood's Five Star Diamonds Ltd. (STAR), up 1.5 cents to 24 cents on 262,000 shares, has diamond counts from its Riachao project in Brazil. The 13 microdiamonds are apparently from the big, 25-hectare pipe that the company discovered in May. Mr. Wood, chairman, president and chief executive officer, says that Five Star collected two "mini-bulk samples" -- an aggrandizing term unusual even for Howe Street to describe two small samples weighing less than 100 kilograms each. One batch yielded 11 stones, the other two, from a grand total of 195.3 kilograms of kimberlite.

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