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by Will Purcell

The diamond and specialty minerals stocks box score for Monday was a positive 64-52-141. The TSX Venture Exchange gained six points to 686 while polished diamond prices gained 0.3 per cent. Eric Friedland and Tom Peregoodoff's Peregrine Diamonds Ltd. (PGD) gained one cent to 19 cents on 368,000 shares. The company expects its preliminary economic assessment of Chidliak, which will be based on the CH-6 and CH-7 pipes, will be available in late June.

Quentin Yarie's Honey Badger Exploration Inc. (TUF), down one-half cent to two cents on 379,000 shares, has sold another 3.75 million flow-through shares at four cents, raising $150,000. Mr. Yarie, president and chief executive officer, says the financing "shows the confidence that investors and shareholders continue to place in Honey Badger." It does, although perhaps not in the way Mr. Yarie had in mind. The sale was a second tranche of the company's proposed placement of 13.13 million flow-through shares at four cents and 10 million regular shares at three cents, through which it was seeking $825,000. Honey Badger closed its first tranche in late April, selling 2.28 million flow-through shares and 3.43 million regular shares. That leaves 7.1 million flow-through and 6.6 million regular shares unsold, but Mr. Yarie makes no mention of a possible third tranche.

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