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by Will Purcell
The diamond and specialty minerals stocks box score for Monday was a mediocre 61-66-135. The TSX Venture Exchange lost three points to 784 while polished diamond prices were flat. Dominion Diamond Corp. (DDC), now an investment against the Canadian dollar, thanks to an assured friendly buyout at $14.25 (U.S.) per share by Dennis Washington's private Washington Group, had a good day, gaining 10 cents to $18.26 on 191,000 shares. Michael England's Alix Resources Corp. (AIX) lost one-half cent to 5.5 cents on 3.80 million shares. Alix is seeking lithium in Northwestern Ontario.
Grenville Thomas and Ken Armstrong's North Arrow Minerals Inc. (NAR) lost one cent to 23 cents on 38,000 shares. The company, arguably the most active if not the most successful of Canadian junior diamond explorers for the past year, continues work on its Pikoo diamond project, east of La Ronge in Northern Saskatchewan. Pikoo appeared a throw-in when the company acquired three projects from Stornoway Diamond Corp. (SWY: $0.65) in early 2013, but it surged to the forefront several months later, when North Arrow drilled a diamond-rich kimberlite on the project.
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