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 for Friday was a discouraging 44-71-150. The TSX Venture Exchange fell ten points to 955 while polished diamond prices fell nearly 0.4 per cent. Robert Gannicott's Dominion Diamond Corp. (DDC) lost nine cents to $14.81 on 124,000 shares. Dominion is headed into a busy news season in which it will flesh out a mine plan for Jay and other projects. The company is coming off a great quarter in which production and revenues at Diavik and Ekati jumped smartly. Unfortunately, its stock is also coming off its July high of $15.77. Marc LeVier's Great Western Minerals Group Ltd. (GWG) lost one cent to 5.5 cents on 4.33 million shares. The company is touting plans for a rare earth mine at Steenkampskraal in South Africa. A deal to contract out rare earth separation collapsed early this month but that was good news, Mr. LeVier said, as he can now seek a better deal elsewhere. (He did not say why he did not do so the first time.)
The remainder is available to Stockwatch subscribers.
Sign-up for a FREE 30-day Stockwatch subscription and SEE NO ADS
© 2024 Canjex Publishing Ltd. All rights reserved.
Correction, VanadiumCorp's original founder was Doug Collingwood.