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by Will Purcell
The critical and specialty minerals stocks box score was a mediocre 77-100-133 on Wednesday as the TSX Venture Exchange fell 13 points to 1,076. The market was down but Group Eleven Resources Corp. (ZNG) was up, adding 10 cents to $1.13 on 1.1 million shares. The company, a base metals and critical metals explorer in Ireland, said last week that it was offering 11.6 million shares at 90 cents -- and maybe 1.74 million more, if the underwriters put their greenshoe option to work.
Terry Lynch's Power Metallic Mines Inc. (PNPN) rose 11 cents to $1.18 on 1.84 million shares Tuesday on word that it has drilled a 16.55-metre interval averaging 10.08 per cent copper, 0.42 per cent nickel and enough gold, silver and platinum group elements to sum to a total equivalent copper grade of 15.11 per cent. The intercept came from near-surface infill drilling in the Lion zone of its Nisk project area in the James Bay district of Quebec.
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