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by Will Purcell
The diamond and specialty minerals stocks box score for Tuesday was a bleak 58-108-113. The TSX Venture Exchange fell seven points to 794 while polished diamond prices were flat. Randy Turner's Canterra Minerals Inc. (CTM) closed unchanged at 2.5 cents on 159,000 shares. The company, again a Howe Street zombie, has had no news in a year.
Dermot Desmond and David Whittle's Mountain Province Diamonds Inc. (MPVD) fell seven cents to $3.57 on 152,000 shares. The company reported a net income of $27.7-million for its third quarter, an encouraging result buoyed by strong grades and a stronger Canadian dollar. While, the result was well below the original forecasts laid out in the company's 2014 feasibility study, the company's 49-per-cent interest in Gahcho Kue is generating cash flow and is keeping the proverbial wolf away from the door. Nevertheless, the financials show that there are a few hungry wolves still circling.
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