GBDX-substantial news of JV. Diamond Certificate consists of
Smolensk, largest diamond cutter/exporter in russia. Also, Sheremetyevo ins. company, Olympus (majority owner of largest diamond mine in the world), and largest russian bank, Mezvynarodnij. All are part of the russian federation, with strong ties to russian govt.
GBDX to handle all sales/marketing. GBDX already established in NY diamond district. First diamond shipment of 698 carats presold this week. Millions in net profit nearterm.
Plus, such a small float @ 112M share and O/S of 380+-M shares.
News on Diamondexchange website very exciting!
Best Regards
Not a buy or sell recommendation. My opinion only.