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by Will Purcell

The diamond and specialty minerals stocks box score for Thursday was a ho-hum 59-56-143. The TSX Venture Exchange gained four points to 673 while polished diamond prices edged lower. Patrick Power's Arctic Star Exploration Corp. (ADD) gained one-half cent to 2.5 cents on 3.00 million shares. The stock is back where it was in early March, before a buying surge carried it as high as 10 cents by the beginning of April. Unfortunately, drilling at Redemption came up empty yet again, triggering a subsequent collapse.

Chuck Fipke and Chad Ulansky's Metalex Ventures Ltd. (MTX: $0.07) still touts its plan for a big bulk sample of its U2 pipe in the Kyle Lake region of Northern Ontario. Unfortunately, the company is looking more and more like a Howe Street zombie than a company poised to complete a $20-million, 10,000-tonne test of the low-grade but (hopefully) high-value kimberlite. News from Metalex has always been sparse at the best of times, but the company's last material exploration news release, indicating it had finally received permits for the project, is now over a year old. Further, the company's threadbare website has not been updated in well over a year.

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