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by Will Purcell
The diamond and specialty minerals stocks box score for Monday was a poor 59-95-136. The TSX Venture Exchange fell 13 points to 783. Over the past week rough diamond prices have dipped 0.25 per cent. Ken MacNeill and George Read's perpetual Saskatchewan diamond promotion, Star Diamond Corp. (DIAM), gained one-half cent to 19.5 cents on 426,000 shares. The stock, $8.75 in 2007, has been mired near the 20-cent mark for the past six years while the company tries to reignite interest in its Star-Orion South diamond project. The arrival of Rio Tinto as a partner last spring has so far failed to help.
Chris Taylor and Claudia Tornquist's Dunnedin Ventures Inc. (DVI), down two cents to 29 cents on 145,000 shares, has begun its spring exploration program at Kahuna, just northeast of Rankin Inlet in Nunavut. Mr. Taylor, chief executive officer, and Ms. Tornquist, president, say that drilling is starting on up to 17 priority targets on the property, with the work expected to continue through April, "as conditions permit." (While April showers bring May flowers across Canada's South, intense blizzards are still raking Kahuna: visibilities at Rankin Inlet were best measured in metres, not kilometres, last week, with temperatures plunging to minus 30 C. The spring melt does not typically begin in earnest until mid-May.)
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