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by Will Purcell

The diamond and specialty minerals stocks box score for Monday was a positive 105-81-124 as the TSX Venture Exchange fell fractionally to 585. Ewan Mason and George Read's Star Diamond Corp. (DIAM) closed unchanged at nine cents on 155,000 shares as the wait for a deal with Rio Tinto Exploration Canada Inc. (RTEC) drags on. It has been over a year since RTEC shocked Star Diamond and the market with word that it was mothballing the FalCon diamond project in central Saskatchewan and would be seeking an exit from the project.

That news was especially shocking since RTEC had spent about $200-million advancing the project over the previous five years and had endured nearly two years of legal wrangling to claim its 75-per-cent interest in the FalCon joint venture. The shock has long worn off, but Star Diamond's stock remains mired at a dime or less as investors await word of a done deal that would see Star Diamond regain 100 per cent of the FalCon project.

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