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by Will Purcell

The diamond and specialty minerals stocks box score for Tuesday was a weak 70-93-147 as the TSX Venture Exchange fell three points to 599. James Bruchs's Tsodilo Resources Ltd. (TSD) rose one-half cent to 16.5 cents on 5,000 shares. The company is still paying lip service to its once ballyhooed BK16 kimberlite project in Botswana, although it has not shelled out any real cash on the project in the past few years. Tsodilo was granted a prospecting licence on the big and low-grade but potentially high-value kimberlite a decade ago. It did plenty of work through the late 2010s, but COVID-19 lockdowns and the company's all-but-barren treasury have prevented the proposed bulk sampling from taking place.

Mr. Bruchs, chief executive officer, says that the company applied at the end of June for a three-year extension that would allow Tsodilo to complete the work delayed by the pandemic. Two weeks ago, the Botswanan bureaucrats responded, requesting that additional information be filed within 30 days. "The company intends on making a responsive filing within the requested time frame," Mr. Bruchs and his crew cheer -- deftly dodging mention of what the request was and what the response might be.

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