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by Will Purcell

The diamond and specialty minerals stocks box score for Friday was a disappointing 44-59-145. The TSX Venture Exchange fell two points to 702 while polished diamond prices slipped slightly. Miles Rideout's Latin American Minerals Inc. (LAT) lost one-half cent to three cents on 1.73 million shares. The company is still seeking a partner for its Itapoty diamond project in Paraguay, where it has found dozens of diamonds but has no idea from where they came. Nikolas Perrault's Colt Resources Inc. (GTP) gained two cents to 14 cents on 791,000 shares. Colt has raised $2-million ahead of work on its Tabuaco tungsten project in Portugal.

Eric Friedland and Tom Peregoodoff's Peregrine Diamonds Ltd. (PGD) fell five cents to 33 cents on 688,000 shares. Peregrine's mini-bulk sample of three Chidliak kimberlites is in full swing but the plan has changed somewhat. Last fall Mr. Peregoodoff, CEO, said Peregrine planned to extract about 250 tonnes from each of CH-6, CH-7 and CH-44, the top three pipes at Chidliak, on Baffin Island. The company is now putting most of its effort into CH-7 so it can declare a resource for the pipe. (CH-6, the best Chidliak pipe, received a significant bulk sample in 2013 and the company produced a resource estimate last year.)

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