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 Thursday was a bleak 66-121-104. The TSX Venture Exchange fell 20 points to 843 while polished diamond prices edged lower. Eric Friedland and Tom Peregoodoff's Peregrine Diamonds Ltd. (PGD) dropped one-half cent to 13.5 cents on 108,000 shares. The company has been silent for a few months, but it should have a new resource estimate shortly for its Chidliak project on Baffin Island.
Dr. Leon Daniels and Gareth Penney's Pangolin Diamonds Corp. (PAN), down one-half cent to 5.5 cents on 42,000 shares, is planning to drill kimberlite targets on two of its Botswana-based diamond projects this year. The proposed program at Malatswae is no surprise, as for years the company has been touting a series of targets in areas where it has been recovering diamonds in soil samples. On the other hand, the proposed drilling at Moenyenana is the first hint that Pangolin has suitable targets on that property.
The remainder is available to Stockwatch subscribers.
Sign-up for a FREE 30-day Stockwatch subscription and SEE NO ADS
© 2018 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.