18:40:18 EDT Tue 30 Apr 2024
Enter Symbol
or Name
USA
CA



Diamond & Specialty Minerals Summary for Nov. 30, 2023

2023-11-30 18:40 ET - Market Summary

This item is part of Stockwatch's value added news feed and is only available to Stockwatch subscribers.

Here is a sample of this item:

by Will Purcell

The diamond and specialty minerals stocks box score on Thursday was an upbeat 97-73-139 as the TSX Venture Exchange fell fractionally to 536. Ewan Mason and George Read's Star Diamond Corp. (DIAM), now 48 hours beyond the news of it regaining full ownership of the Fort a la Corne diamond project in central Saskatchewan, lost one-half cent to 8.5 cents on 736,000 shares.

On Wednesday, Mr. Mason, chairman and interim chief executive officer, and Mr. Read, the company's recently reinstated vice-president, held their first conference call with investors since regaining control of their own destiny. Well, soon, at least: The deal that will have Rio Tinto Exploration Canada Inc. (RTEC) return its 75-per-cent interest in the project, gift the Bauer trench cutter and diamond processing plant to Star and provide $4-million in cash has yet to close. (In return, Star relieves RTEC of all responsibilities and liabilities regarding the project.)

The remainder is available to Stockwatch subscribers.
Sign-up for a FREE 30-day Stockwatch subscription and SEE NO ADS

© 2024 Canjex Publishing Ltd. All rights reserved.


Reader Comments - Comments are open to paying subscribers of Stockwatch and unmoderated, although libelous remarks, obscene language and impersonations may be deleted. Opinions expressed do not necessarily reflect the views of Stockwatch.
For information regarding Canadian libel law, please view the University of Ottawa's FAQ regarding Defamation and SLAPPs.