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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.)
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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.