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by Will Purcell
The diamond and specialty minerals stocks box score on Monday was a weak 65-115-130 as the TSX Venture Exchange slid 24 points to 933. Patrick Evans's Arctic Blue Diamonds Inc., a private company founded in 2020 to market diamond jewellery on-line, is pushing ahead with plans to mine its own gems. Mr. Evans, a one-time South African diplomat who turned his gift for gab to promoting diamond stocks 20 years ago, is looking to make a go of one of Canada's first Lac de Gras diamond discoveries -- the 1994 Tli Kwi Cho kimberlite dud that has stealthily found new life under its DO-27 moniker.
Mr. Evans is well acquainted with the area. He became a director of Dr. Christopher Jennings's SouthernEra Resources Ltd. in the late 1990s, when that company was chasing gems in Angola and South Africa and had a project or two in the Northwest Territories. He moved over to Dermot Desmond's Mountain Province Diamonds Inc. (MPVD: $0.045) in 2005, where he remained until Mr. Desmond apparently thought he might like a change of pace. (Officially, Mr. Evans left as the result of a "mutual decision" that he move on.)
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evans was part of crew that woulda done pezim like saddam was, but tempered themselves with bullshit to take over cdn mining with their ill hotten bribe money gains from dumb africans