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by Will Purcell
The diamond and specialty minerals stocks box score for Friday was a positive 54-50-153. The TSX Venture Exchange fell four points to 755 while polished diamond prices lost 0.35 per cent. Patrick Power's Arctic Star Exploration Corp. (ADD) lost one-half cent to 23.5 cents on 486,000 shares. The company has said nothing since it raised $350,000 late in May. It had been performing preliminary work on its Diagras joint venture project at Lac de Gras. Unfortunately, silence is never golden on Howe Street.
Terry Tucker's Tango Mining Ltd. (TGV), unchanged at 4.5 cents on 4.67 million shares, continues to produce a smattering of alluvial diamonds from its Oena project on the Orange River of South Africa. The company recovered 28 diamonds weighing a total of 61.4 carats during the month ended June 20, 2017. Tango sold 53.4 of those carats for just under $80,000 (U.S.), or $1,490 (U.S.) per carat. Mr. Tucker, executive chairman and the company's interim chief executive officer until earlier this week, said the other diamonds were sold to the state diamond trader.
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