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by Will Purcell

The diamond and specialty minerals stocks box score for Monday was a bleak 28-54-156. The TSX Venture Exchange rose fractionally to 521 while polished diamond prices inched higher. Ken MacNeill and George Read's Shore Gold Inc. (SGF) lost 1.5 cents to 20.5 cents on 133,000 shares. Shore has federal approval for its big Star-Orion South mine in central Saskatchewan. It now needs provincial approval and $2-billion in development cash. Gary Economo's Focus Graphite Inc. (FMS) lost one cent to nine cents on 345,000 shares. The company hopes to mine graphite at its high-grade Lac Knife project in Quebec.

Patrick Evans's Kennady Diamonds Inc. (KDI), up one cent to $2.75 on 6,000 shares, has the diamond counts from a first batch of drill core taken from the north lobe at Kelvin, 250 kilometres northeast of Yellowknife. Approximately 970 kilograms of kimberlite produced 76 diamonds larger than a 0.85-millimetre sieve. They weighed 2.46 carats, suggesting a diamond content of 2.53 carats per tonne. The sample produced three gems weighing between 0.15 and 0.21 carat, all of them off-white stones with varying degrees of inclusions. The result sent Kennady's stock up 24 cents Friday to $2.74 and higher again today although the new counts merely confirmed the company's previous work.

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