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by Will Purcell
The diamond and specialty minerals stocks box score for Monday was a ho-hum 59-66-130. The TSX Venture Exchange gained five points to 804 while polished diamond prices were flat. Patrick Evans's Mountain Province Diamonds Inc. (MPVD) gained eight cents to $4.90 on 307,000 shares. The company is mining and selling diamonds from Gahcho Kue, but investors face a two-month wait for the results of those sales.
Grenville Thomas and Ken Armstrong's North Arrow Minerals Inc. (NAR), unchanged at 19.5 cents on 7,000 shares, is just 1,700 carats from proving or killing its Q1-4 kimberlite at Qilalugaq, near Repulse Bay in central Nunavut. Unfortunately, North Arrow's shareholders likely face a two-year wait for the story to unfold. (The company now refers to Qilalugaq by the Inuit name for Repulse Bay -- Naujaat -- which it thinks is easier on investors' tongues. It probably is, being two syllables shorter, but the new name -- a resting place for seagulls -- is less inspiring as the old one, which translates to beluga whale.)
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