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by Will Purcell
The diamond and specialty minerals stocks box score on Monday was a mediocre 69-78-153 as the TSX Venture Exchange rose four points to 559. Ken MacNeill and George Read's Star Diamond Corp. (DIAM) dropped two cents to 25 cents on 497,000 shares. The stock is in a holding pattern awaiting the next shoes to drop: the next legal salvoes in Star's dispute with Rio Tinto, and the initial bulk sample results from the Star kimberlite. Both could be available soon -- or could be delayed.
Ranjeet Sundher's Brigadier Gold Ltd. (BRG.H), halted at five cents for the past month as the regulators review the company's fundamental acquisition of an Ontario diamond project, has sold 14 million shares at five cents to support that deal. In early May, Brigadier reached an agreement with Rudolf Wahl and Mike Dorval, two Marathon-area prospectors, whereby the company can acquire the Killala Lake South property for staged payments of $110,000 in cash and 1.6 million shares.
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