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by Will Purcell

The critical and specialty minerals stocks box score for Thursday was a rousing 110-55-145 as the TSX Venture Exchange added 12 points to 995. Jean Boulle's Star Diamond Corp. (DIAM) has enough cash to keep its lights on and telephones ringing for a while longer -- metaphorically, at least. Star had just $470,000 in working capital at the end of 2025, and at its 2025 administrative burn rate, the company was likely down to its last few nickels. And so, the $500,000 coming from Mr. Boulle and his Spirit Resources will help keep the wolf from the door a while longer.

Unfortunately, one might start to fret that Mr. Boulle is a wolf dressed in promoters' garb: He has not exercised any of the 133.33 million four-cent warrants that he owns, nor has he elected to buy any new stock. Instead, Spirit has provided Star with a $500,000 unsecured loan that it will use for "working capital and general corporate purposes." While work on the stalled prefeasibility study might qualify under those categories, the fact that the study is not mentioned is as telling as is the state of Star's treasury.

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