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by Will Purcell
The diamond and specialty minerals stocks box score for Tuesday was a bleak 49-90-116. The TSX Venture Exchange fell 11 points to 792 while polished diamond prices were flat. George Putnam's Scandium International Mining Corp. (SCY) jumped 2.5 cents to 46 cents on 1.45 million shares. The company's stock, just two cents three years ago, has been gaining altitude on its promotion of the Nyngan scandium project in Australia, a story that has long had the fond support of stock guru John Kaiser.
Ken MacNeill and George Read's Shore Gold Inc. (SGF) lost one-quarter cent to 19 cents on 117,000 shares. Investors are still waiting for the company's revised feasibility study for the Star-Orion South project in central Saskatchewan. Meanwhile, the company did drop a few hints during its presentation at the Prospectors and Developers Association of Canada gathering last week in Toronto. Some of those suggestions have the company's retail investors enthused that the company can dramatically cut its capital costs.
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