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 Tuesday was a cheering 61-48-157 as the TSX Venture Exchange gained five points to 684, but not before hitting an intraday low of 675.10, surpassing the Great Recession bottom of 678.62. (The 25-year low of 598.40 occurred in the late 1990s.) Polished diamond prices, flat today, are off 4 per cent over the past year. Despite the gloom, Robert Gannicott's Dominion Diamond Corp. (DDC) had a good day, gaining 32 cents to $20.39 on 258,000 shares. (The stock went the other way during the recession, crashing to a 2009 low of just $2.19 after spending the mid-2000s well above $40. Today's mid-day market turnaround also got Ken MacNeill and George Read's Shore Gold Inc. headed northward. Shore gained 6.5 cents to 28 cents on 556,000 shares. The company recently received environmental approval for its Star-Orion project in Saskatchewan. Now it needs $2-billion to build the mine.

The remainder is available to Stockwatch subscribers.
Sign-up for a FREE 30-day Stockwatch subscription and SEE NO ADS