16:39:32 EDT Thu 30 Mar 2023
Enter Symbol
or Name

Login ID:

Diamond & Specialty Minerals Summary for Feb. 1, 2023

2023-02-01 20:56 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 Wednesday was a positive 101-84-125 as the TSX Venture Exchange added three points to 629. Laura Lee Duffett's Tres-Or Resources Ltd. (TRS) was unchanged at eight cents on 10 -- yes, 10 -- shares. (It last traded a board lot on Jan. 30, gaining one cent to eight cents on 8,000 shares.)

Tres-Or's last news release came in July and its last release covering Guigues, its flagship diamond project in northwestern Quebec, is but a few days from its one-year anniversary, leaving a cone of silence that has depressed the company's share price and its backers -- and has left investors having to scour the company's quarterly reports for a whiff of new information.

Unfortunately, Tres-Or's latest quarterly report reads more like a time capsule than an update on recent work, and so investors are left to wonder what became of the kimberlite that the company drilled from the Guigues pipe in the fall of 2021 -- a five-hole, 1,500-metre program that took just a week to complete. (Each hole was to be 300 metres long and four of them ended in kimberlite at that depth, while the fifth came close, leaving kimberlite at 262 metres.)

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

© 2023 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.