18:41:44 EDT Sun 24 May 2020
Enter Symbol
or Name

Login ID:

Diamond & Specialty Minerals Summary for Dec. 14, 2018

2018-12-14 19:36 ET - Market Summary

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 discouraging 54-82-154. The TSX Venture Exchange fell one point to 555 while polished diamond prices were flat. Paul Brockington's Margaret Lake Diamonds Inc. (DIA) had a good day, doubling for no immediately discernible reason, by adding three cents to six cents on 1.47 million shares. The company has been silent since October.

Chris Taylor and Chuck Fipke's Dunnedin Ventures Inc. (DVI), down one cent to nine cents on 638,000 shares, has the diamond counts from the KH10-11 kimberlite pipe on its Kahuna diamond project, just northeast of Rankin Inlet in Nunavut. Diamond count would be more accurate: The 151.8-kilogram batch of kimberlite produced just a single tiny diamond that sat on a 0.212-millimetre sieve. Mr. Taylor, chief executive officer, says that the target had been identified in a geophysical data review early this year and Dunnedin drilled it during the summer. He says that the analysis shows that the pipe is likely low grade and further sample processing is not warranted at this time.

The remainder is available to Stockwatch subscribers.
Sign-up for a FREE 30-day Stockwatch subscription and SEE NO ADS

© 2020 Canjex Publishing Ltd. All rights reserved.

Reader Comments - Comments are open to paying subscribers of Stockwatch and unmoderated, although libelous remarks, obscene language and impersonations may be deleted. Opinions expressed do not necessarily reflect the views of Stockwatch.
For information regarding Canadian libel law, please view the University of Ottawa's FAQ regarding Defamation and SLAPPs.

Comments for this item are closed