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by Will Purcell

The diamond and specialty minerals stocks box score for Monday was a weak 61-82-167 as the TSX Venture Exchange rose one point to 582. Ewan Mason and George Read's Star Diamond Corp. (DIAM) added one-half cent to 4.5 cents on 187,000 shares. Star's stock has been growing dimmer week by week, despite a flurry of news from the company's recently recovered Fort a la Corne diamond project in central Saskatchewan and its recently resuscitated Buffalo Hills project in Northern Alberta.

The slide notwithstanding, Mr. Mason, the company's chairman and chief executive officer, says that the smart money -- or at least the tall foreheads behind the cash -- is nibbling at Star Diamond's pitch. Indeed, Mr. Mason says that his biggest problem is the small size of his current financing. If so -- assuming that the company is willing to accept steep terms when the time comes to ask big -- Star Diamond may yet have a shot at building its mammoth mine.

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