Diamond & Specialty Minerals Summary for April 30, 2018

By Will Purcell / May 01, 2018 / www.stockwatch.com / Article Link

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by Will Purcell

The diamond and specialty minerals stocks box score for Monday was a weak 73-100-117. The TSX Venture Exchange fell fractionally to 783 while polished diamond prices jumped 0.4 per cent. Sheldon Inwentash's Gratomic Inc. (GRAT) lost 1.5 cents to 17 cents on 5.98 million shares. The stock has been unusually active since mid-January, with 240 million shares trading since then, but it oscillates near the 20-cent mark. The company, which has graphite projects at Aukam in Namibia and Buckingham in Quebec, is touting plans to produce graphene and graphite for use in tires.

Dr. Leon Daniels and Graham Warren's Pangolin Diamonds Corp. (PAN), up one-half cent to 7.5 cents on 23,000 shares, has recovered its first diamond from Jwaneng South in southeastern Botswana. The gem turned up in a soil sample, like the several gems that it found on its Malatswae project, several hundred kilometres to the northeast in east-central Botswana. The Jwaneng South diamond, a white stone about one millimetre long, is a fragment of what was a larger gem.

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