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by Will Purcell

The diamond and specialty minerals stocks box score for Wednesday was a mediocre 70-100-140 as the TSX Venture Exchange fell three points to 533. Dr. Stewart Blusson's thin-trading Archon Minerals Ltd. (ACS), which traded unchanged at 21.5 cents on 5,000 shares last Thursday, has updated the information its quarterly report, replacing decade-old rusty boilerplate with new descriptions of its key projects. The updates come as a welcome sign of life from the moribund company, but shareholders may not be as pleased with the more sombre tone.

Archon once owned a one-third interest in the Buffer claims surrounding the Ekati mine, but it exchanged its interest for a 2.3-per-cent gross production royalty six years ago. The Buffer royalty is the company's primary asset and was briefly the source of modest revenue a few years ago, when the late Robert Gannicott's Dominion Diamond Corp., then the owner of Ekati and Buffer, briefly mined the small Lynx pipe.

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