This item is part of Stockwatch's value added news feed and is only available to Stockwatch subscribers.

Here is a sample of this item:

by Will Purcell

The diamond and specialty minerals stocks box score on Monday was a mediocre 73-80-157 as the TSX Venture Exchange fell fractionally to 803. James Bruchs's Tsodilo Resources Ltd. (TSD) closed unchanged at 14 cents on 14,000 shares. Yes, the company's stock chart is bleak, but it is better than most, if not all of its diamond exploring rivals. Except, of course, that Tsodilo is no longer a diamond explorer. Yes, the company still cautions of the risks of diamond exploration deep within its end-of-release summary, but it appears that it merely forgot to strip out that prose.

Confirmation of the company's termination of its BK16 project in Botswana lies deep in its latest quarterly report, filed late last week. Searching for material news amid the rusting boilerplate within the documents filed by dormant explorers is as laborious -- and usually no more rewarding -- than surveying the underwater wreckage of the Titanic. With Tsodilo's latest quarter, however, investors caught a glimpse of previously unseen wreckage.

The remainder is available to Stockwatch subscribers.
Sign-up for a FREE 30-day Stockwatch subscription and SEE NO ADS