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by Will Purcell

The diamond and specialty minerals stocks box score for Tuesday was a weak 60-112-138 as the TSX Venture Exchange fell 12 points to 555. Adam Lundin and Dr. William Lamb's Lucara Diamond Corp. (LUC) nevertheless added one-half cent to 44 cents on 275,000 shares, as enthusiasm about the 2,492-carat diamond find continues.

The struggle continues for Tom MacNeill's 49 North Resources Inc. (FNR), a $13 stock just before the Great Recession of 2008 but which has been flatlined below a dime for most of the past decade. Today, it was untraded, having last closed unchanged at 2.5 cents on 6,000 shares nearly two weeks ago. "We invest in junior resource companies," cheers 49 North's website -- a headline in not-so-large typeface, perhaps because that has been a tough strategy for institutions and retail investors alike for years.

Some of 49 North's early success after its 2005 launch came from the promotional success of Star Diamond Corp. (DIAM). Then called Shore Gold Inc. and run by Mr. MacNeill's brother, Ken MacNeill, the company saw its 20-cent stock run as high as $8.75 in 2007, thanks to its mammoth Star kimberlite in central Saskatchewan advancing toward prefeasibility while the company nosed its way into a neighbouring joint venture and pushed out De Beers.

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