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 on Friday was a 76-76-148 draw as the TSX Venture Exchange rose one point to 610. Rough diamond prices were essentially unchanged this week -- essentially being a loose synonym for "down not too much." While they are up 1.5 per cent from last fall's low, they are nearly 8 per cent below their 2018 high and are down nearly 6 per cent over the past five years. Adrian Lamoureux's 92 Resources Corp. (NTY) rose one cent to 7.5 cents on 2.55 million shares. The stock, a 3.5-cent laggard earlier this month, has more than doubled over the past two weeks on over 30 million shares, unspoiled by any news.
Words trumped numbers this week as Dermot Desmond and Stuart Brown's Mountain Province Diamonds Inc. (MPVD) delivered its first quarter production and sales data for its 49-per-cent share of the Gahcho Kue mine in the Northwest Territories. Mountain Province's stock jumped seven cents to $1.40 on 339,000 shares Thursday and closed unchanged at $1.40 on 204,000 shares today, as investors seemed pleased with the results.
The remainder is available to Stockwatch subscribers.
© 2020 Canjex Publishing Ltd. All rights reserved.