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by Will Purcell
The diamond and specialty minerals stocks box score for Tuesday was a bleak 54-91-149. The TSX Venture Exchange fell eight points to 789 while polished diamond prices fell 0.2 per cent. Eric Friedland and Tom Peregoodoff's Peregrine Diamonds Ltd. (PGD) rose one-half cent to 16 cents on 398,000 shares. The stock, 11.5 cents in January and 13.5 cents last week, has been inching higher despite a lack of news about its plan this year at Chidliak, on Baffin Island.
Randy Turner's Canterra Minerals Corp. (CTM) closed unchanged at three cents on 1,000 shares. The company, formed from the leftovers when Mr. Turner's Winspear Diamonds Inc. and its Snap Lake project was acquired by De Beers Canada in 2000, was one of the most active diamond explorers in Canada. The company, then called Diamondex Resources Ltd., went through several lean years but it caught its second wind a few years ago, when Mr. Turner acquired several diamond prospects in the area that Winspear and Diamondex had been working in the 1990s and early 2000s. Now, Canterra, back among Howe Street's walking dead, is shedding much of the ground as the claims come up for renewal.
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