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by Will Purcell
The diamond and specialty minerals stocks box score on Thursday was an upbeat 125-75-110 as the TSX Venture Exchange rose seven points to 609. Well, this year's January rally appears at an end. Ewan Mason's Star Diamond Corp. (DIAM) slipped one-half cent to 10 cents on 184,000 shares after getting as high as 14.5 cents on Monday. A year ago, Star tripled from its December low, getting to 49 cents briefly, and in 2019, it soared to 53 cents in mid-January, up from 20 cents in November.
Brad Humphrey's Nican Ltd. (NICN), unchanged at 10.5 cents on 11,000 shares, is contemplating a winter drill program at its Wine property near Snow Lake in Northern Manitoba. Permits and contracts are in hand for the plus-2,000-metre program, the company cheers, adding that preparation is in progress and the drilling will start "in the coming weeks." The drilling will pursue targets, identified by geophysics, with a signature similar to the nickel mineralization previously intersected at Wine.
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