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Wednesday, 11/22/2006 3:02:03 AM

Wednesday, November 22, 2006 3:02:03 AM

Post# of 82105
JV news is paramount! GBDX now has the backing of the largest/top russian diamond cutter/exporter w/ Smolensk. Plus, the JV is also with Sheremetyevo Ins. Company, Olympus (which owns 90% of the worlds largest diamond mine), and Mezvynarodnij Bank of Russia, 1 of largest banks in russia. Diamond Certificate JV w/ GBDX (w/Diamond Cert. owned by all of these companies), and all are part of the russian federation, with govt. connections.

I truly hope traders realize the importance and magnitude of this JV. Basically, GBDX will be the top gun in diamond inventory and sales capability in NY diamond district now.

Diamond Certificate will provide stones, GBDX is to handle ALL sales, marketing! Revenue potential nearterm is so huge. I knew when former mgmt. of WWCD (all russian) merged with GBDX, it was to exploit the connections GBDX already had, the new change in russian law, and the huge revenue potential by doing so. And now the JV, wow!

Divide millions of net revenue by only 112Mfloat and only 380M O/S count = .08-.15+, period. And no, not in 6-12 months, within next 30 days or less. With this new JV, net profit margin potential just tripled for GBDX.

And again, with such a small float and O/S and current pps comparitive to very nearterm large revenue, explosive! Such a great news article on Diamond exchange website. Oh, I guess GBDX is real after all, huh.

All the bs naive' posters who said, "oh, possibly a scam, is the office open, I think the margins only be 20%, must be dilution, blah, blah, look in the mirror. Of course, those same posters will jump right back in once pps takes off, and then will post high praise. (Baaaaa, sheepsters.)


Maui is gorgeous. Good night all and best regards.

Not a buy or sell recommendation. My opinion only.