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 positive 66-59-143. The TSX Venture Exchange fell three points to 833 while polished diamond prices inched higher. Lukas Lundin's Lucara Diamond Corp. (LUC) lost four cents to $4.19 on 496,000 shares. Lucara reported earnings of $46.1-million in the first six months of 2016 and it was sitting on over $210-million (U.S.) in cash at the end of June, prompting it to declare a 45-cent special dividend.
Ken MacNeill and George Read's Shore Gold Inc. (SGF), down one-half cent to 21 cents on 65,000 shares, has completed core drilling of 13 holes spanning 2,850 metres on its Star-Orion South project this year. Shore planned 5,000 metres of drilling when it revealed the plan in February. At the time, it planned 24 holes on Star West and Orion South, but it completed the program in mid-July having put five holes into Star West and another eight into the western margin of Orion South. That appears to be the end of the program as the company appears content with the data it has already obtained.
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.