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 Friday was a positive 66-56-141. The TSX Venture Exchange gained one point to 800 while polished diamond prices edged lower. Dominion Diamond Corp. (DDC) continued its rally today, adding another 12 cents to $12.75 on 1.27 million shares. The company has been helping its own cause this fall by buying back its stock. It intends to buy up to 6.1 million shares through the normal-course issuer bid.
Ken MacNeill and George Read's Shore Gold Inc. (SGF), which lost one-half cent to 19.5 cents on 567,000 shares, has been stuck in a 20-cent funk for the past four years. Nevertheless, there are proposed changes to the company's mining plan for its Star-Orion South diamond project in central Saskatchewan that could generate new interest in the company's flagging promotion. One of the more intriguing and more complex of Shore's plans involves changes to its proposed processing facility.
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.