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by Will Purcell
The critical and specialty minerals box score for Tuesday was a ho-hum 89-88-133 as the TSX Venture Exchange rose 10 points to 994. F3 Uranium Corp. (FUU), always a busy trader but busier than usual of late, fell 1.5 cents to 15.5 cents on 9.84 million shares. Mind you, it gained two cents to 17 cents on 6.56 million shares yesterday. The latest surge of trading followed word just before Christmas that the Patterson Lake North uranium deposit hosts a 40,000-tonne high-grade zone averaging 12.23 per cent uranium oxide, accounting for over 90 per cent of the uranium but just one-third of the tonnes within the deposit.
John Wisbey's International Lithium Corp. (ILC) lost one-half cent to 2.5 cents on 1.93 million shares Monday on word that Lepidico Chemicals Namibia Pty. Ltd. received a disappointing arbitration decision in its six-year dispute with China-based Jiangxi Jinhui Lithium Co. Ltd. regarding the Karibib lithium, rubidium and cesium project in Namibia. International Lithium cares about this because in September, it acquired an option allowing it to buy Lepidico Mauritius for $975,000.
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