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by Will Purcell
The diamond and specialty minerals stocks box score for Thursday was a poor 39-70-158 as the TSX Venture Exchange fell four points to 663.50, setting another 15-year, intraday low at 661.51. Polished diamond prices rose 0.4 per cent. Lucas Lundin and Eira Thomas's Lucara Diamond Corp. (LUC) gained eight cents to $1.99 on 637,000 shares. The company said earlier this week that 2015 revenue from its Karowe mine in Botswana should fall a bit short of its 2014 performance. The news pushed Lucara down 21 cents over the following two days, but the stock had a bit of a bounce today after Dundee analyst, Matthew O'Keefe, maintained his buy rating. Scott Nielsen and Gordon Pridham's Titanium Corp. Inc. (TIC) closed unchanged at 86 cents on 387,000 shares. The company has been silent for months but its annual financials are expected shortly. The company lost $4.3-million in its previous fiscal year and could come close to that mark again this year. Titanium hopes to use new technology to recover heavy minerals, water and bitumen from tailings in the oil sands district. It promotes the play as environmentally friendly -- rather like seagulls cleaning up an old carcass.
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