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by Will Purcell

The diamond and specialty minerals stocks box score for Monday was a so-so 81-79-118. The TSX Venture Exchange soared 25 points to 921 while polished diamond prices were flat. Terry Tucker and Samer Khalaf's Tango Mining Ltd. (TGV) closed unchanged at 3.5 cents on 1.22 million shares. There has been no news since just before Christmas, when the company said it was acquiring a 75-per-cent interest in the Middlepits alluvial diamond project in Botswana.

Chuck Fipke and Chad Ulansky's Metalex Ventures Ltd. (MTX) lost 1.5 cents to 5.5 cents on 131,000 shares. The company's stock has been flatlined near the 6.5-cent mark for the past four years and it may well remain there for another year: The window of opportunity for acquiring and shipping equipment and supplies to its big U2 kimberlite in Northern Ontario on a winter road is about to close for another year and Metalex has not yet arranged financing for its proposed 10,000-tonne bulk sample of the big but low-grade pipe. The test is needed to make the company's case that U2 is economic despite its low grade, thanks to a high diamond value.

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