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by Will Purcell
The diamond and specialty minerals stocks box score for Tuesday was a mediocre 79-99-132 as the TSX Venture Exchange fell five points to 553. Energy Fuels Inc. (EFR) closed unchanged at $8.26 on 569,000 shares today, well shy of its $12 high last September. (It could be worse -- the energy fuel is uranium, one of the few on the rise these days.)
Ewan Mason and George Read's Star Diamond Corp. (DIAM) closed unchanged at 8.5 cents on 452,000 shares. The company is still awaiting governmental approval to close its separation agreement with Rio Tinto Exploration Canada Inc. (RTEC), which would give Star a 100-per-cent interest in the Fort a la Corne project. That should occur in a few weeks -- at least one hopes -- but in the meantime the company is beavering away behind the scenes on production of a revised resource estimate by late spring, and a prefeasibility study perhaps a few months later.
Mr. Mason, the company's chairman and now its full-fledged president and chief executive officer, and Mr. Read, senior vice-president of corporate development, continue to applaud the project as a sure-fire diamond mine in the making. Now, the company's most recent hire, diamond specialist Nelson Karun, is adding his voice of enthusiasm to that promotional pitch.
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