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by Will Purcell

The diamond and specialty minerals stocks box score for Wednesday was a cheerful 97-58-155 as the TSX Venture Exchange reclaimed 13 points to 918. Not even news can budge Jean-Raymond Boulle and Ewan Mason's Star Diamond Corp. (DIAM) these days. Mind you, its latest blast was quite lacklustre, a third quarter report that reported not much of anything new -- a sort of town crier cry: "Third quarter, and all's well!" And so, Star Diamond lost one-half cent to 3.5 cents on 638,000 shares today.

The company confirms that the prefeasibility study it is completing for the Star-Orion South portion of its Fort a la Corne project is under way, but will not be completed until late next year. Look for a revised reserve estimate to accompany the study, Star says, adding that it will also include an economic assessment "if warranted." (One hopes that qualifier is a regulatory weasel merely sniffing about, and not a concern that despite going into the study with a significantly larger resource, the diamond value may not overpower the costs of a mammoth Saskatchewan mine.)

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