05:41:56 EDT Wed 19 Jun 2019
Enter Symbol
or Name

Login ID:
Diamonds Summary
Symbol C : *MKTDIAM
Recent Sedar Documents

Diamond & Specialty Minerals Summary for Oct. 9, 2018

2018-10-09 20:15 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 Tuesday was a bleak 57-103-130 as the TSX Venture Exchange fell two points to 702 while polished diamond prices rose 0.3 per cent. Mark Smith's Largo Resources Ltd. (LGO) dropped 40 cents to $3.51 on 10.35 million shares. The stock slumped to $3.23 this morning, tripping a regulatory circuit breaker. There was no news to account for the market's reaction.

Ken MacNeill and George Read's Star Diamond Corp. (DIAM) fell 2.5 cents to 28 cents on 558,000 shares as Rio Tinto PLC begins its first bulk sampling hole at the Star pipe, 60 kilometres west of Prince Albert in Saskatchewan. (Rio Tinto can earn a 60-per-cent interest in Star's Fort a la Corne diamond project by spending about $70-million across four phases of work leading to a new feasibility study.) The first phase of work, which earns Rio Tinto no interest, requires a 10-hole program, or at least $18.5-million in expenditures.

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

© 2019 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.