02:36:16 EST Thu 22 Feb 2024
Enter Symbol
or Name

Login ID:

Diamond & Specialty Minerals Summary for Nov. 29, 2022

2022-11-29 20:59 ET - Market Summary

This item is part of Stockwatch's value added news feed and is only available to Stockwatch subscribers.

Here is a sample of this item:

by Will Purcell

The diamond and specialty minerals stocks box score for Tuesday was a positive 109-83-118 as the TSX Venture Exchange rose four points to 578. Ewan Mason and Ken MacNeill's Star Diamond Corp. (DIAM) fell one-half cents to 8.5 cents on 385,000 shares.

The company will remain focused on the FalCon diamond project in central Saskatchewan despite a recent changing of the guard that has Mr. MacNeill retiring as president and chief executive officer at the end of the year. There is no replacement picked yet, but Mr. Mason, chairman, will be -- and for some time now has been -- acting as Mr. MacNeill's de facto replacement in calling the shots.

Mr. Mason, who lives in Mississauga, several hours by air east of Star's head office in Saskatoon, has been a company director since 2017 and its chairman since 2020. Accordingly, he claims to still be getting up to speed on the company and its efforts. Indeed, he says he learned just a few weeks ago that the company has a diamond project in the Buffalo Hills district of Northern Alberta. (His recollection may have been off a bit, as it is unlikely that he would have missed the company's expansion of its Buffalo Hills interest to 50 per cent from 33 per cent back in May.)

The remainder is available to Stockwatch subscribers.
Sign-up for a FREE 30-day Stockwatch subscription and SEE NO ADS

© 2024 Canjex Publishing Ltd. All rights reserved.

Reader Comments - Comments are open to paying subscribers of Stockwatch and unmoderated, although libelous remarks, obscene language and impersonations may be deleted. Opinions expressed do not necessarily reflect the views of Stockwatch.
For information regarding Canadian libel law, please view the University of Ottawa's FAQ regarding Defamation and SLAPPs.

G'day Will, May I suggest that you have a look at recent happenings with Fireweed Metals (FWZ)- massive intersections of high grade zinc with lead, silver and gallium at Macmillan Pass in the Yukon, and a $27 million investment from the Lundin family. Oversubscriptions will increase the capital raising to $35 million. Two other projects of significant merit. This one is shaping up very nicely at about 80c. Regards, David

Posted by David Seymour at 2022-11-30 09:21

Comments for this item are closed