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by Will Purcell

The diamond and specialty minerals stocks box score for Wednesday was a so-so 71-76-163 as the TSX Venture Exchange fell two points to 552. Chuck Fipke and Chad Ulansky's Metalex Ventures Ltd. (MTX) has been locked in a Rip Van Winkle-esque slumber for over a decade, snoring away in the basement of the TSX-V. Metalex, which last saw a dime early in 2021 and last traded for a nickel over a year ago, lost one-half cent to one cent on 2,000 shares Tuesday. It was not always so, as the stock traded at $5.60 in 2002 -- $56 per share when one recalls the 1:10 rollback that occurred in early 2009.

Today's Metalex is far removed from the one 20 years ago that enthused about the next great diamond find in Northern Ontario that surely would follow Mr. Fipke's enthusiastic chattering about geochemical results from properties in the area west of James Bay. De Beers was building its big Victor mine in those years, and Metalex's ground was scattered about the surrounding area.

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