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by Will Purcell

The diamond and specialty minerals stocks box score for Thursday was a disappointing 44-48-159. The TSX Venture Exchange gained three points to 553 while polished diamond prices jumped 0.4 per cent. Robert Gannicott and Brendan Bell's diamond sector bellwether, Dominion Diamond Corp. (DDC), gained another 27 cents to $15.62 on 274,000 shares. The company will reveal its second quarter results next week and based on information already available it was a solid quarter -- just not as solid as a year ago. Akiko Levinson's Gold Canyon Resources Inc. (GCU) gained three cents to 23.5 cents on 4.75 million shares. The company's rare earth prospects in Malawi and Tanzania are undoubtedly superfluous to its merger with gold explorer, First Mining Finance Corp. (FF: $0.335).

Chris Taylor's Dunnedin Ventures Inc. (DVI), up one cent to eight cents on 63,000 shares on Wednesday, is offering 10 million flow-through shares at 7.5 cents and 5.83 million regular shares at six cents. The $350,000 in hard cash is for corporate expenses. The $750,000 in flow-through cash is for further work at the company's Kahuna diamond project, just north of Rankin Inlet in southern Nunavut. Mr. Taylor, CEO, did not say if he would be buying, but he dropped the name of the ever-promotable Chuck Fipke, as an intended participant. (Mr. Taylor appointed Mr. Fipke as an adviser to Dunnedin in late July; presumably his first advice was that the company needed cash to do meaningful work.)

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