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by Will Purcell

The diamond and specialty minerals stocks box score for Tuesday was a bleak 29-47-161. The TSX Venture Exchange fell two points to 531 while polished diamond prices were flat. Robert Gannicott and Brendan Bell's Dominion Diamond Corp. (DDC) slumped $1.12 to $12.40 on 774,000 shares. There was no news -- other than the usual gloom in the diamond sector -- to account for the drop to a two-year low. Glenn Kelly's Orbite Technologies Inc. (ORT) lost one-half cent to 46.5 cents on 9.76 million shares. The company has just received a patent for extracting rare metals from fly ash.

Ellen Clements has officially merged her two zombie diamond explorers. New Nadina Explorations Ltd. (NNA: $0.01) has issued 27.71 million shares on a 1:1 basis to shareholders of her Kettle River Resources Ltd., which last traded on Nov. 2 at one-half cent. As a result of the transaction, Kettle River's shareholders have an approximate 25-per-cent interest in the expanded company, which had a market value of barely $1-million when the deal closed. The value represents the lingering potential of a majority interest in a dormant diamond play at Lac de Gras, and a sliver of a second, southeast of Lac de Gras.

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