Global Diamond Exchange, Inc. (GBDX)

[starfire]

Redmann, different people have varying risk profiles. Your assessment probably suits your profile. Your DD has not covered all points adequately. I think you should read ABER's annual report. ABER has unlimited A/S and they have 60M O/S. Also the report states that DEMAND far exceeds SUPPLY. Just because GBDX were not profiatble in the past does not mean they will not be profitable again. This time around they have experience behind them. Also as mentioned demand exceeds supply. In addition DeBeers will not conduct business inthe US at the least for next 2 yrs. And finally Diamonds are luxury items and command healthy premiums. This can be a winner for very small upfront investment. jmo