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by Will Purcell
The diamond and specialty minerals stocks box score for Thursday was a positive 54-47-140. The TSX Venture Exchange gained five points to 700 while polished diamond prices edged lower. Dr. Ray Davies's Talmora Diamond Inc. (TAI) jumped 3.5 cents to four cents on 1,000 shares. There is a good chance the buyer was Dr. Davies, or his son Alan Davies, if history is any guide. The father and son duo, who serve as CEO and vice-president of exploration respectively, have accounted for much of the infrequent trading in Talmora's stock over the past several years. The company hopes to drill targets on its diamond property north of Great Bear Lake if it can ever raise enough cash. Dr. Davies sets out to raise $2-million each year but he has rarely raised more than $250,000 in his annual placement attempts. William Randall's Rodinia Lithium Inc. (RM) lost one-half cent to one cent on 2.54 million shares. Rodinia is inching along glacially at its Salar de Diablillos lithium brine project in Argentina. A four-year-old dream sheet said a mine would cost $220-million, but Mr. Randall needs more than that. Rodinia has a $2.8-million working capital deficiency.
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