03:33:38 EDT Fri 29 Mar 2024
Enter Symbol
or Name
USA
CA



Diamonds & Specialty Minerals Summary for April 21

2014-04-21 19:16 ET - Market Summary

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 Monday was a lethargic 39-50-158. The TSX Venture Exchange fell one point to 997 while polished diamond prices were flat. A long winter layoff continues for Eric Friedland's Peregrine Diamonds Ltd. (PGD). Peregrine, unchanged at 42 cents on 117,000 shares, is well below a 75-cent high that followed the company's first set of diamond counts from CH-6 at Chidliak, on southeastern Baffin Island. There has been more good news since then but no promotional surprises, so a busy summer exploration season cannot come fast enough. Simon Britt's Geomega Resources Inc. (GMA) closed unchanged at 60 cents on 618,000 shares. Geomega's chart is a mirror image of Peregrine's although it has been touting metallurgy (not the most promotable of topics) at its Montviel rare earth prospect in Quebec. Geomega recently raised $3.3-million for more work on the project, mostly metallurgical.

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

© 2024 Canjex Publishing Ltd. All rights reserved.


Reader Comments - Comments are open to paying subscribers of Stockwatch and unmoderated, although libelous remarks, obscene language and impersonations may be deleted. Opinions expressed do not necessarily reflect the views of Stockwatch.
For information regarding Canadian libel law, please view the University of Ottawa's FAQ regarding Defamation and SLAPPs.


Comments for this item are closed