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by Will Purcell

The diamond and specialty minerals stocks box score for Wednesday was a mediocre 65-71-129. The TSX Venture Exchange gained 10 points to 813 while polished diamond prices rebounded 0.5 per cent. Dominion Diamond Corp. (DDC) had its third gain in a row, adding 57 cents to $11.57 on 1.17 million shares. Several mining analysts have been setting or reaffirming lofty targets for the stock, despite its recent run of bad luck.

Paul Brockington and Buddy Doyle's Margaret Lake Diamonds Inc. (DIA), unchanged at 12 cents on 680,000 shares, has lost its option to earn a 49-per-cent interest in the Marlin diamond project, west of Gahcho Kue in the Northwest Territories, from Randy Turner's Canterra Minerals Corp. (CTM: $0.065). Margaret Lake spent over $500,000 exploring the project but it fell well short of the $1-million it needed to spend by mid-September to earn an initial 30-per-cent interest. (Previously, Mr. Brockington, president and chief executive officer of Margaret Lake, had said he was negotiating extension terms with Canterra, but the talks apparently failed.)

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