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Diamonds Summary
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Diamond & Specialty Minerals Summary for June 11, 2018

2018-06-11 19:45 ET - Market Summary

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by Will Purcell

The diamond and specialty minerals stocks box score for Monday was a mediocre 69-82-133. The TSX Venture Exchange fell six points to 769 while polished diamond prices rose 0.1 per cent. RT Minerals Corp. (RTM) lost one-half cent to one cent on 5.90 million shares. The company, which has a diamond and gold prospect in Ontario, is rolling back its stock 1:10.

Dr. Ray Davies's Talmora Diamond Inc. (TAI: $0.035), which went over three months without trading then traded three times in the last eight days, has some new diamond claims north of Great Bear Lake. Dr. Davies, president and chief executive officer, says that he and his crew -- essentially just his son, Alan Davies -- recognized a large magnetic anomaly within an area with encouraging indicator minerals, so Talmora acquired a permit covering the area. The permit, he says is valid for five years "provided certain expenditures are made." (Unfortunately, when it comes to expenditures, nothing is certain with Talmora except that they will be small.)

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