Diamond & Specialty Minerals Summary for April 23, 2018

By Will Purcell / April 24, 2018 / www.stockwatch.com / Article Link

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by Will Purcell

The diamond and specialty minerals stocks box score for Monday was a dismal 57-103-134. The TSX Venture Exchange fell seven points to 797 while rough diamond prices were flat this past week. Thomas Yingling's Berkwood Resources Ltd. (BKR), lost one-half cent to 16.5 cents on 1.32 million shares. There has been no news since mid-March, when the company said it had completed a nine-hole drill program at its Lac Gueret South graphite project in Quebec.

Terry Tucker and Samer Khalaf's Tango Mining Ltd. (TGV), unchanged at 3.5 cents on 333,000 shares, is planning a capital investment at its Oena alluvial diamond project in the Orange River district of South Africa. Mr. Khalaf, chief executive officer since last July, says,rather passively,that Tango "has taken a decision" to purchase about $500,000 of equipment, including a 16-foot pan plant and a mobile screening unit. The company will also rent a 40-tonne excavator, two 30-tonne dump trucks and two 2.5-cubic-metre loaders to carry out the excavation and processing of tailings and bantam material left behind by previous operators.

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