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by Will Purcell

The diamond and specialty minerals stocks box score for Monday was a positive 92-71-147 as the TSX Venture Exchange fell three points to 592. Glenn Kasner's RJK Explorations Ltd. (RJX) was unchanged at 3.5 cents on 36,000 shares Friday and did not trade today.

Nevertheless, RJX is like a bulldog with its favourite chew toy -- its teeth have a firm grip, and it is not letting go. The company is doubling down on its faltering diamond project near Cobalt in Northeastern Ontario, having acquired an option on a new property in Bucke township that it cheers as favourable for diamonds. RJK will pay $20,000 to a local family for the right to drill a target on the new ground -- and it can acquire the property in full by making staged payments of $100,000 and 600,000 shares over a three-year period.

RJK spiked as high as 36 cents in 2020, after it cheered the recovery of diamonds from rock it touted as kimberlite on its Cobalt-district properties, but the story has stagnated since then, leaving the company's stock flatlined near four cents for the past year. Nevertheless, Mr. Kasner, chief executive officer, and Mr. Chitaroni, president, soldier on, looking to revive their unusual promotion that has been occasionally encouraging, more frequently intriguing -- and often worthy of a smile or two.

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