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Diamond & Specialty Minerals Summary for Jan. 16, 2023

2023-01-16 20:58 ET - Market Summary

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by Will Purcell

The diamond and specialty minerals stocks box score for Monday was a beaming 107-74-129 as the TSX Venture Exchange rose five points to 620. Imagine Lithium Inc. (ILI) contemplated a rally today, adding three cents to 11 cents on 3.03 million shares despite a month-long silence at its Jackpot project in the Georgia Lake area of Northern Ontario.

Ewan Mason's Star Diamond Corp. (DIAM) closed unchanged at 10.5 cents on 510,000 shares. The company has broken several months of silence on its social media accounts, uploading pictures of some of its FalCon diamonds while cheering that Mr. Mason, its newly-minted, Kelowna-based chief executive officer, "is in town to participate in [a] diamond colour sorting process." The lead image shows a set of hands attached to an anonymous person manipulating a variety of diamonds on a white board and while the "who" is unknown, educated guesses can be made as to what, where and why and when the sorting occurred.

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