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Diamond & Specialty Minerals Summary for Sept. 26, 2024

2024-09-26 17:06 ET - Market Summary

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by Will Purcell

The diamond and specialty minerals stocks box score on Thursday was an upbeat 99-60-151 as the TSX Venture Exchange added two points to 594. Jason Gigliotti's Sienna Resources Inc. (SIE) closed unchanged at four cents on 431,000 shares. The company has increased its Case Lake West cesium and spodumene pegmatite project, 100 kilometres north of Kirkland Lake in Northern Ontario, by adding about 800 hectares to what is now a 1,700-hectare project.

"We are pleased to almost double our acreage," glowed Mr. Gigliotti, president, cheering that the area is "one of the world's only areas prospective for cesium" -- "one of," of course, trumping "only." He then reminded investors yet again that "Sienna has significantly increased its acreage," noting that he and his crew are looking forward to getting the work program under way on what he touts as an "exciting project." All this budding excitement has the company "very optimistic" about the prospects for growth now in place.

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