The Clark Pink

The Clark Pink

In April 2012 the jewels of eccentric heiress Huguette Clark were put under the hammer at Christie’s New York. Huguette Clark was heir to a copper empire and lived the last 30 years of her life in various New York hospitals until her death at age 104. Her jewels were believed to have been kept in a vault unseen since the 1940s.

The collection of seventeen items brought $ 20.8m but the star was the 9 carat Pink Diamond which sold for $ 15.7m.

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"A long-lost relative of the reclusive and eccentric New York heiress Huguette Clark, who stood to inherit $19 million of her $300 million fortune has been found dead from hypothermia in rural Wyoming. Timothy Henry Gray's body was discovered by children sledding under a Union Pacific Railroad overpass in Evanston, in the southwest of the state on Thursday, as the temperatures hit 10 degrees. Gray, 60, was the half great-nephew of Clark, who died in May 2011 aged 104.

The heiress had not visited Bellosguardo in Santa Barbara, California since the 1950s

Huguette Clark left no money to her relatives and lived as a recluse in New York City hospitals until her death. Her palatial properties across the country sat unused for decades.

"The last Fifth Avenue apartment belonging to the late reclusive and eccentric heiress Huguette Clark is now for sale for $7.2 million. The final piece of the eighth floor of 907 Fifth Avenue owned by the daughter of copper baron multimillionaire, William Andrews Clark, went on sale on April 5. It is said to have been used exclusively for Huguette Clark's dolls.

Speaking to NBC, Mr Baeyens said: 'She didn't want to go out. She didn't want to have beautiful things. She just wanted to be home and play with her dolls.' Clark collected dolls obsessively and her vast real estate holdings were filled with them.

http://www.dailymail.co.uk/news/article-2307820/Last-Fifth-Avenue-apartment-belonging-reclusive-heiress-Huguette-Clark-goes-sale-7-2million--home-just-dolls-decades.html

"Princie Pink" Sells for $ 39m

UPDATE : The "Princie Pink" sold for $ 39m at Christies in New York

The Princie Pink diamond heads to auction April 16 at Christie's New York and some jewellers expect it to sell for around $40 million dollars. A cushion-cut jewel, it weighs 34.65 carats and is one of the finest and largest of its kind. The historic polished stone can be traced back to the ancient diamond mines of south central India. It was first recorded as part of the collection of the Hyderabad state's royal family during the Mughal Empire of the late 1500s to mid 1600s. The Hyderabad monarchy offered the piece at auction in 1960 where the diamond fetched a price of 46,000 pounds sterling (approximately $69,588 in today's currency) when French jeweller Van Cleef & Arpels bought it via its London branch.

The gem was subsequently named "The Princie" in honour of the 14-year-old Indian Prince of Baroda who attended a Parisian party held by the firm.

http://www.mining.com/rare-pink-diamond-heads-to-auction-block-77365/

Check out our recent the Argyle Pinks page : http://pennystockjournal.blogspot.ca/2013/04/argyle-pinks.html

Superior Plus Corp - SPB.t

Superior Plus Corp - SPB.t operates through 3 divisions; Energy Services, Specialty Chemicals, and Construction Products Distribution.

On April 4, 2013, the company reported NEWS

"April 2013 Cash Dividend - $0.05 per share

Superior Plus Corp. ("Superior") (TSX:SPB) today announced its cash dividend for the month of April 2013 of $0.05 per share payable on May 15, 2013. The record date is April 30, 2013 and the ex-dividend date will be April 26, 2013. Superior's annualized cash dividend rate is currently $0.60 per share. This dividend is an eligible dividend for Canadian income tax purposes.

About the Corporation

Superior consists of three primary operating businesses: Energy Services includes the distribution of propane and distillates, providing fixed-price energy services, and supply portfolio management; Specialty Chemicals includes the manufacture and sale of specialty chemicals; and Construction Products Distribution includes the distribution of specialty construction products."

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http://pennystockjournal.blogspot.com/2013/04/superior-plus-corp-spbt.html

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Lumina Copper Corp - LCC.v

Lumina Copper Corp - LCC.v is advancing the flagship Taca Taca, a copper/gold/molybdenum project, comprising approximately 2,500 hectares, located in the Puna region of north western Argentina in the Salta Province. Taca Taca lies 230 km west of the provincial capital of Salta and 90 km east of the world's largest copper mine, Escondida.

On April 9, 2013, the company reported NEWS

"Lumina Copper Corp ("Lumina") is pleased to announce the results of a Preliminary Economic Assessment (the "PEA" or the "Study") on its 100% owned Taca Taca copper/gold/molybdenum project located in the Puna region of Salta Province in northwestern Argentina. The results of the PEA show that a mining and sulfide concentrating operation at Taca Taca (the "Project") has favourable economic potential generating, at an 8% discount rate and $2.75/lb copper price, an estimated after tax net present value ("NPV") of $2.1 billion and an estimated after tax internal rate of return ("IRR") of 17.2%.

The PEA has evaluated the merits of constructing a mine and concentrator at Taca Taca to produce copper (including a gold by-product) and molybdenum concentrates. The Study was based upon a mine operating over a 28 year mine life delivering 120,000 tonnes per day of throughput (for an initial period of seven years) to an industry standard designed mill and concentration plant comprising two mill and flotation lines. An expansion of the concentrator, by way of a third line, to accommodate a total throughput of 180,000 tonnes per day from year eight onwards has been included in the evaluation.
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