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Diamond & Specialty Minerals Summary for Oct. 14, 2021

2021-10-14 17:06 ET - Market Summary

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by Will Purcell

The diamond and specialty minerals stocks box score on Thursday was a cheerful 114-67-119 as the TSX Venture Exchange added six points to 925. Uranium prices are rising, and junior uranium explorers continue to percolate on Howe Street. Today, CAT Strategic Metals Corp. (CAT) had its turn and all it took to send the stock up one-half cent to 5.5 cents on 8.05 million shares was word that it is taking a look at its South Preston property in Northern Saskatchewan.

Joseph Kizis and Lawrence Page's Equity Metals Corp. (EQTY) rose 1.5 cents to 16 cents on 108,000 shares. The company still owns a sliver of a potentially economic kimberlite in the Northwest Territories, but time may be running out for development of the project once called Tli Kwi Cho. Equity's senior co-venturer at what is now called DO-27, De Beers Canada, is showing little interest in pressing ahead with new work, while Equity pays only occasional lip service to its 4.5-per-cent interest in the pipe and surrounding WO claims. (Dr. Stewart Blusson's equally silent Archon Minerals Ltd. (ACS: $0.21) holds a 17.57-per-cent stake, De Beers owns 72.13 per cent.)

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