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by Will Purcell

The critical and specialty minerals stocks box score on Monday was a mediocre 91-99-120 as the TSX Venture Exchange rose 13 points to 1,025. Dermot Desmond's distressed diamond miner, Mountain Province Diamonds Inc. (MPVD), was unchanged at 3.5 cents on 253,000 shares today. A $7 stock when mining began a decade ago at its 49-per-cent-owned Gahcho Kue mine in the Northwest Territories, Mountain Province hit a new all-time low of three cents today, a drop of 99.6 per cent. (In fact, the never-consolidated stock had been near $10 during the heady days of discovery in 1996.)

The latest flood of gloominess -- the deluge from the company's financial woes aside -- stems from a resolution to be presented to shareholders at the end of June. Shareholders will be asked to approve Mountain Province's move -- continuance in regulatory parlance -- from Ontario to British Columbia, while approval of a second resolution would allow the company to voluntarily delist from the TSX.

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