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by Will Purcell

The diamond and specialty minerals stocks box score for Monday was a positive 98-66-146 as the TSX Venture Exchange jumped nine points to 630. Monday was quiet for Canada's junior diamond companies. Chuck Fipke's Metalex Ventures Ltd. (MTX), which lost one-half cent to 1.5 cents on 35,000 shares today, is typical. It is marking time on its gem prospects and once a blue moon it touts some other mineral in an attempt to stir interest. Unfortunately, there has not been news about Metalex's scandium hunt in Quebec since last spring.

It's back -- and so is one of its throwaway plays: Nick Horsley's Margaret Lake Diamonds Inc. (DIA) resumed trading last week, coming off a halt that ran for nearly two years. Margaret slid four cents to 12 cents on 126,000 shares on Thursday, then regained the four cents Friday, but on just 1,000 shares. The resumption came a month after Mr. Horsley replaced Yari Nieken in the corner office and about three weeks after the company said it had optioned the Letain nickel property in the northwestern corner of British Columbia from two numbered companies, 1240089 B.C. Ltd. and 1258713 B.C. Ltd.

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