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by Will Purcell
The diamond and specialty minerals stocks box score for Thursday was a ho-hum 53-55-163. The TSX Venture Exchange gained four points to 751 while polished diamond prices fell 0.2 per cent. Ken MacNeill and George Read's Saskatchewan diamond promotion, Shore Gold Inc. (SGF) rose 1.5 cents to 21.5 cents on 112,000 shares. Investors are still waiting impatiently for the government to approve Shore's $2-billion mine plan for Star-Orion South in central Saskatchewan. Unfortunately, the glacial pace of the bureaucrats is outpacing Shore Gold's financing effort. Cristiano Melcher's MBAC Fertilizer Corp. (MBC) gained one-half cent to 12.5 cents on 615,000 shares. MBAC, which traded as high as $3.94 two years ago and as low as five cents two weeks ago, has been inching upward after the company's creditors agreed to extend repayment deadlines for over $180-million in loans incurred during construction of its Itafos phosphate mine in Brazil.
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