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by Will Purcell
The diamond and specialty minerals stocks box score for Thursday was a mediocre 67-84-143. The TSX Venture Exchange fell fractionally to 802 while polished diamond prices were flat. Ken MacNeill and George Read's Star Diamond Corp. (DIAM) traded actively, falling one-half cent to 20.5 cents on 1.12 million shares. The company rolled out a preliminary study of its Star-Orion South project earlier this week. There were no surprises.
Matthew Wood and Luis Azevedo's Five Star Diamonds Ltd. (STAR) fell one cent to 15 cents on 84,000 shares on word it is set to start drilling at its Maravilha and Catalao projects. Mr. Wood, the company's Perth-based chairman, says that the company's driller is accepting $700,000 of stock as payment for the proposed 5,200-metre program. That, he enthuses, is "a testament to the value" of the two diamond projects. He adds that previous sampling has demonstrated the highly prospective nature of Maravilha, and presumably of Catalao as well.
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