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by Will Purcell
The diamond and specialty minerals stocks box score for Wednesday was a ho-hum 78-77-122. The TSX Venture Exchange fell one point to 738 while polished diamond prices inched lower. Ken MacNeill and George Read's Saskatchewan diamond promotion, Star Diamond Corp. (DIAM) lost one cent to 17 cents on 87,000 shares. Star has remained glued to -- or below -- the 20-cent mark for most of the past year. The company and Rio Tinto PLC expect to start a 10-hole bulk sampling program at Star later this year.
Rick Mazur's Forum Energy Metals Corp. (FMC) regained one-half cent to five cents on 119,000 shares. The stock fell two cents to 4.5 cents on 2.39 million shares Tuesday. The slump followed word from the company and its co-venturer, Nick Zeng's Golden Share Resources Corp. (GSH: $0.15), that the claims they had staked in early June on the Afton vanadium project in Wyoming are now deemed invalid. The ground is apparently not open for staking -- a position that is a reverse of what the Bureau of Land Management said when the claims were initially filed. Mr. Mazur, Forum's president and chief executive officer, says that his lawyers are looking into the situation but the company "is currently of the opinion that the claims are invalid." The news also hit Golden Share Resources. That company's not-so-golden shares fell three cents to 15 cents on 125,000 shares Tuesday.
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