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 Tuesday was a ho-hum 68-72-117. The TSX Venture Exchange lost three points to 803 while polished diamond prices fell 0.4 per cent. Eric Friedland and Tom Peregoodoff's Peregrine Diamonds Ltd. (PGD) gained one-half cent to 21.5 cents on 414,000 shares. The company has still not said a word about its exploration plans at Chidliak this year, fuelling the market's suspicions that there are discussions taking place in the background.

Robert Boyd and Andrew Lee Smith's True North Gems Inc. (TGX), unchanged at one-half cent on 266,000 shares, is huffing in a lawyerly way about the circumstances surrounding its loss of the Aappaluttoq ruby and sapphire mine in western Greenland. The company has set up a special committee of its board to "provide oversight" of the essentially completed bankruptcy process in Greenland and to allow the company to "discharge its duty of care and render informed decisions" in the best interest of its shareholders.

The remainder is available to Stockwatch subscribers.
Sign-up for a FREE 30-day Stockwatch subscription and SEE NO ADS