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by Will Purcell
The diamond and specialty minerals stocks box score for Wednesday was a pleasant 112-51-147 as the TSX Venture Exchange rose 11 points to 593. Diamond projects across Canada have fallen into disfavour and disrepair thanks to sagging rough diamond prices but one project long out of the market's eye -- the advanced Buffalo Hills diamond play in Northern Alberta -- looks to make a resurgence. If it does, it will be at the behest of Ewan Mason and George Read's plucky Star Diamond Corp. (DIAM: $0.085), more so than its 50-per-cent co-venturer, Randy Turner and Christopher Pennimpede's Canterra Minerals Corp. (CTM).
Canterra, unchanged at 7.5 cents on 2,000 shares today, was founded by Mr. Turner as Diamondex Resources Ltd. nearly a quarter century ago. That version, a diamond spinoff from Mr. Turner's Winspear Diamonds Inc., nearly foundered on the shoals of the Great Recession as it doggedly stayed its diamond course. Diamondex reinvented itself as Canterra in 2009 after a merger with Triex Minerals Corp., and while Mr. Turner remained in charge and still made mention of diamond exploration, he did not outlast a second reorganization that came on the heels of the COVID-19 collapse.
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