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by Will Purcell

The diamond and specialty minerals stocks box score for Friday was a mediocre 39-46-151. The TSX Venture Exchange fell fractionally to 525 while polished diamond prices inched lower. Eric Friedland's Peregrine Diamonds Ltd. (PGD) gained one-half cent to 16.5 cents on 523,000 shares. The company is processing a bulk sample of CH-7, one of two key pipes at Chidliak, on Baffin Island. The company plans a resource upgrade and a dream sheet next year. Aubrey Eveleigh's Zenyatta Ventures Ltd. (ZEN) lost eight cents to $1.09 on 151,000 shares. The company's Albany graphite project in Northern Ontario has reached the dream sheet stage.

Ken MacNeill and George Read's Shore Gold Inc. (SGF) fell one cent to 13 cents on 878,000 shares on the heels of some bad press regarding its plan to build a $2-billion diamond mine at Star-Orion South, east of Prince Albert in the Fort a la Corne provincial forest. The Canadian Broadcasting Corp. (CBC) highlighted the concerns of a few local residents, including Tim Thompson, a farmer in Snowden -- a bustling village of 22, about 25 kilometres north of Shore's proposed mine. Mr. Thompson's concern appears to be the "too many unanswered questions" -- a list that includes: "Who is going to pay for this?" and "how is this going to be done?" (Shareholders would dearly like answers to the former and they probably can answer the latter, having had ample time to memorize Shore's feasibility study since it first appeared four years ago.)

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