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by Will Purcell
The diamond and specialty minerals stocks box score for Monday was a so-so 93-111-106 as the TSX Venture Exchange fell four points to 617. Ewan Mason's Star Diamond Corp. (DIAM) closed unchanged at 10.5 cents on a paltry 15,000 shares.
The company's stock began 2023 like it left 2022 -- in the dumps -- but the mood among the company's crew is on the upswing. Last week, the company cheered what will be its first appearance in years at the Prospectors and Developers Association of Canada (PDAC) convention, scheduled for early March. Now, Mr. Mason, Star's chairman since 2020 and president and chief executive officer since the start of the year, says he expects to have something new to cheer at the dog and pony show.
No, long-time shareholder, Rio Tinto Exploration Canada Inc. (RTEC) is not going back to work at their mothballed FalCon project in central Saskatchewan, and no, RTEC's parent company is not dangling a buyout offer for Star or for its 25-per-cent piece of the project. Rather, Mr. Mason suggests, he is looking to put the past five years behind his company and so his focus, over the shorter term at least, will be on the FalCon diamonds themselves -- gems he describes as exceptional.
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