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by Will Purcell

The critical and specialty minerals stocks box score on Monday was a woeful 43-144-123 as the TSX Venture Exchange fell 24 points to 881. Robert Danard's Gungnir Resources Inc. (GUG) closed unchanged at four cents on 349,000 shares today. This was its last day under the Gungnir moniker, as the company begins trading as Three Crowns Critical Metals Inc. tomorrow, with its 132 million shares rolled back by 1:20.

As the new name suggests -- at least to those who follow international sports -- soon-to-be Three Crowns will remain focused on exploration in Sweden. (The old name had an obscure Norse connection: Gungnir was the legendary spear wielded by Odin, and its name translates in English to "the trembling one" -- a fitting reaction for long-term shareholders perusing the company's five-year chart.)

Gungnir acquired the Quesnel MagNickel property in central British Columbia in spring, but the $50,000 in cash and 600,000 consolidated shares it paid to do so suggest that it is a secondary project for the company. The most advanced projects remain its Lappvattnet and -- limber up your lips here -- its Rormyrberget nickel-copper-cobalt deposits in central Sweden, both of which host inferred resources. (The company also owns the Knaften-Hemberget gold project.)

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