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by Will Purcell

The diamond and specialty minerals stocks box score for Wednesday was an 85-85-140 draw as the TSX Venture Exchange fell five points to 591. Wes Roberts and Ken Johnson's Golden Share Resources Corp. (GSH), last at 4.5 cents in early 2023, hopes to complete its reverse takeover of Brazil-based Lipari Diamond Mines Ltd. and to resume trading within a month. That would be great news for the company's current shareholders, who have been stuck with their stock for a year and a half. It also augurs well should they choose to remain shareholders, as Lipari is a successful diamond miner in Brazil and looks to become a bigger one in Angola.

Mr. Roberts, Golden Share's chief executive officer, says that the resulting company will become "the new kid on the block," although Golden Share has been around for the past 16 years, and Lipari took wing shortly thereafter. (Lipari was a phoenix rising from the ashes of Mr. Johnson's Vaaldiam Resources Inc. in 2010. Vaaldiam had been touting its Brauna diamond project and a few other prospects, but it went bankrupt during the Great Recession. Mr. Johnson landed on his feet, found new backers, and today, Brauna is a successful kimberlite mine for Lipari.)

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