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Diamond & Specialty Minerals Summary for May 4, 2023

2023-05-04 20:48 ET - Market Summary

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by Will Purcell

The diamond and specialty minerals stocks box score on Thursday was a positive 95-86-129 as the TSX Venture Exchange rose one point to 607. Ewan Mason's Star Diamond Corp. (DIAM), unchanged at 8.5 cents on 117,000 shares, continues to tread water in the absence of news, but not for a lack of trying. The company told its shareholders today that it is reviewing data, old and new, with an eye toward completing a feasibility study of its diamond project in the Fort a la Corne district of Saskatchewan.

Paul McGuigan's Vanadiumcorp Resource Inc. (VRB) closed unchanged at nine cents on 188,000 shares. "Hey, that is a great share price!" one might exclaim -- if, that is, one had been too preoccupied to notice the 1:10 rollback a year ago that all-too-temporarily had elevated the company's stock to a heady-for-it 25 cents. The consolidation marked the end of the Bakker regime -- a decade that followed the 2013 coup that saw Patrick O'Brien, the company's long-time head, ousted by Adrian Bakker, his former investor relations man.

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