Centaurus Diamond Tech. Inc. (fka CTDT)

[bizops12]

Actually I said Chas believed the company stock went to 60 per share on the Debeers takeover. It actually was not a takeover but a joint venture and DeBeers bought a 51% stake. I did some research on this to find out the real story. The stock actually went to 6.00 not 60.00. Still a nice uptick but not so dramatic. I would expect the same kind of effect with CTDT. Here is a link to the story (fascinating read from a logistical standpoint because of the extreme conditions).http://business.financialpost.com/commodities/mining/the-54m-carat-gem-de-beers-new-diamond-mine-is-a-rare-thing-that-could-be-the-gem-giants-best-friend

The interesting thing is Debeers basically funded the entire operation to bring the mine into production.