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by Will Purcell

The diamond and specialty minerals stocks box score for Thursday was a pleasing 61-44-140. The TSX Venture Exchange gained four points to 658 while polished diamond prices leapt 0.5 per cent. Eric Friedland and Tom Peregoodoff's Peregrine Diamonds Ltd. (PGD) continued to rally, gaining 1.5 cents to 20.5 cents on 1.41 million shares ahead of the release of a resource estimate for the CH-7 pipe at Chidliak, on southeastern Baffin Island. The company should also have a dream sheet before the end of June. Craig Scherba's Energizer Resources Inc. (EGZ), which has been showing signs of life of late, closing unchanged at 11 cents on 1.24 million shares.

Chris Taylor's Dunnedin Ventures Inc. (DVI), unchanged at 7.5 cents on 92,000 shares, held a "series of successful meetings" with residents and government representatives in Rankin Inlet and Chesterfield Inlet last week. The hastily arranged talks followed a recent Nunavut Impact Review Board (NIRB) decision that the company's Kahuna diamond project was "likely to result in significant adverse ecosystemic and socioeconomic impacts." The NIRB recommended that the "project proposal should be modified or abandoned." (The proposal was Dunnedin's request for a new multiyear permit to explore Kahuna. Fortunately, Dunnedin has some time to fix the problem; its current permit does not expire until next year.)

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