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by Will Purcell

The diamond and specialty minerals stocks box score for Thursday was an upbeat but slow 36-25-177. The TSX Venture Exchange gained two points to 521 while polished diamond prices gained 0.4 per cent. Eric Friedland and Tom Peregoodoff's Peregrine Diamonds Ltd. (PGD) lost one-half cent to 14.5 cents on 662,000 shares. The company expects to receive the results of its 500-tonne mini-bulk sample of the CH-7 pipe soon. The pipe is a key part of Peregrine's Chidliak project on Baffin Island. Bruce Duncan's Canada Carbon Inc. (CCB) lost one-half cent to 28.5 cents on 1.74 million shares. The company hopes to develop a graphite mine at Miller in southwestern Quebec and it will sell marble from the same property to help pay for it.

Randy Turner's Canterra Minerals Corp. (CTM) closed unchanged at 3.5 cents on 17,000 shares. The company, which has raised $500,000 of the $1-million it has been seeking, is hoping to sell another $500,000 of flow-through shares at eight cents and regular shares at six cents before a Dec. 18 deadline. This is the placement that the tenacious Mr. Turner put together in July and has extended several times since then "to allow investors further time to complete and deliver their subscription agreements." Unfortunately, even Mr. Turner's most loyal backers will be reluctant to put pen to paper at Canterra's 3.5-cent share price.

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