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by Will Purcell

The diamond and specialty minerals stocks box score for Tuesday was a dreary 39-66-166. The TSX Venture Exchange fell 14 points to 751 while polished diamond prices fell 0.1 per cent. Eric Friedland's Peregrine Diamonds Ltd. (PGD) closed unchanged at 19 cents on 145,000 shares. Peregrine plans a multimillion-dollar bulk sample next year at Chidliak on southeastern Baffin Island. The company already has partially assessed one rich pipe and plans to test two other bodies to prove Chidliak can be mined profitably. Peregrine fortunately has the cash in hand, as what could be a tough tax loss season lies ahead, despite a long run of good news since the stock peaked in 2009 at $4.65 five years ago. Anthony Huston's Graphite One Resources Inc. (GPH) fell one-half cents to 11 cents on 692,000 shares. Mr. Huston has been uncharacteristically quiet since September, when he completed a $5-million placement at 13 cents for work at Graphite Creek in Alaska.

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