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by Will Purcell

The critical and specialty minerals stocks box score on Friday was a rousing 130-53-127 as the TSX Venture Exchange rose five points to 992. Energy Fuels Inc. (EFR) got 2026 off to a rousing start, adding $3.06 to $22.94 on 2.22 million shares on the quiet. The company did say earlier this week that it produced one million pounds of uranium oxide at its White Mesa mill in Utah last year.

Well, that was close: Mark Appleby's Tartisan Nickel Corp. (TN) came within $16 of its target, selling nearly 4.17 million flow-through shares at 24 cents in a placement seeking up to $1-million. (That arguably counts as fully subscribed: Rare is the investor willing to buy 66.67 shares of anything -- unless perhaps it was (horrors!) Bre-X Minerals Ltd. back in the early 1990s.) And so, with its cash -- a New Year's Eve cocktail short of $1-million -- Tartisan is ready to spend.

The cash, Tartisan says -- reassuring the taxman it will be spent appropriately -- "will be directed toward continued exploration and development activities at the company's Kenbridge nickel-copper-cobalt project in Northwestern Ontario." The directing has already begun: Mr. Appleby, president and chief executive officer, enthused that drilling is already under way at Kenbridge, with assays pending from the first completed hole. "We continue to believe this program has the potential to meaningfully expand the known resource," he gushed, promising updates as the assays arrive.

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