Global Diamond Exchange, Inc. (GBDX)

[rverboatgambler]

re Float, etc

I followed the Canadian diamond stock discoveries (North West Territories) in the early 1990's. In those beginning days the juniors began to run from .10 to .50 in 2 months, then to 1.50 in four months....BEFORE the solid discoveries were even announced. And the volume was crazy.

Several of those stocks ran as high as $50 from .10 (Diamet)
(Aber) Others were bought out by DeBeers (Winspear) (Antler)

When a Co is poised for explosive growth in the Diamond sector the share prices cannot be "held down" by ANYONE ( Except - perhaps, the Lord if He felt like it.)

They go ballistic...The buying is ferocious. (that's what I was alluding to wrt the merchants- you'd expect them to buy their grandkids 20,000 shs or so each as a giftie since its a sector where they should recognize a good investment)

I am at a loss for the price activity here. I was reassured by the update, the sale of the first shipment of diamonds,the announcement of the 2nd shipment, the new JV with the cutters yesterday..

Now , as for the languishing price- there is no plausible explanation.

Rvr