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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.
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