19:11:55 EDT Thu 18 Apr 2024
Enter Symbol
or Name
USA
CA



Diamonds & Specialty Minerals Summary for Feb. 6, 2015

2015-02-06 21:09 ET - Market Summary

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 53-53-146 draw. The TSX Venture Exchange fell fractionally to 693 while polished diamond prices were flat. Matt Manson's Stornoway Diamond Corp. (SWY) jumped four cents to 61 cents on 1.32 million shares, its highest since September. The stock has been inching upward since it traded at 46 cents in mid-December. The company is busy building its new mine at Renard in Northern Quebec. It also has plenty of planning to do for many millions of carats currently outside its mine plan. Martin Dallaire's Fieldex Exploration Inc. (FLX) gained one cent to three cents on 4.72 million shares. Fieldex is exploring for strategic metals and base metals, a poly-metallic strategy it says "has the advantage of protection against individual metal price cycles." Unfortunately, as Fieldex's woeful chart suggests, all those individual prices have cycled to their individual bottoms.

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.


Reader Comments - Comments are open to paying subscribers of Stockwatch and unmoderated, although libelous remarks, obscene language and impersonations may be deleted. Opinions expressed do not necessarily reflect the views of Stockwatch.
For information regarding Canadian libel law, please view the University of Ottawa's FAQ regarding Defamation and SLAPPs.


Comments for this item are closed