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 Wednesday was a mediocre 84-98-128 as the TSX Venture
Exchange rose nine points to 1,028. Invested in a diamond stock 15 years ago thinking it was a sound investment, given that markets were emerging from the Great Recession? Perhaps you plunked cash into Ken MacNeill's Shore Gold Inc., which traded at 98 cents late in 2010 -- a price that, to many at the time, seemed a steal. Shore is now Jean-Raymond Boulle and Ewan Mason's Star Diamond Corp. (DIAM), and it lost one-half cent to 3.5 cents on 322,000 shares today.
It could have been worse. Well, not worse -- betting on diamonds years ago is about as bad as it gets, other than having bet on both diamonds and another of the then-hot-but-now-haggard commodities. One of those market darlings was scandium, which has yet to live up to its earlier hype. Consider Peter Evensen's Scandium International Mining Corp. (SCY), which is well below its 2011 and 2017 highs near the 50-cent mark. Today, Scandium International jumped 1.5 cents to 13.5 cents on 1.21 million shares.
The remainder is available to Stockwatch subscribers.
Sign-up for a FREE 30-day Stockwatch subscription and SEE NO ADS
© 2025 Canjex Publishing Ltd. All rights reserved.