Stocks in Play

Vaaldiam Resources Ltd.

10:19 AM EST - Vaaldiam Resources Ltd. : shares were up after the firm proposed to buy producer Elkedra Diamonds NL and explorer Great Western Diamonds Corp. to form one of Canada's largest diamond firms with a market capitalization of more than $160 million. The deal is valued at about $95 million. Vaaldiam Resources Ltd. shares T.VAA are trading up 2 cents at $0.94.