Global Diamond Exchange, Inc. (GBDX)

[eliot]

taki: i dont even begin to think this is huge news. not at all whatsoever. however, they completely sold out. again. real right quick like. not huge. good. they hint at increasing volume and pace. i'll throw a dart in the dark and say 3rd order est value of
$1.8 m.

generally speaking,,,,,,seems like they have about a 30 - 45 day turnaround, in and OUT. not huge. fast. this is good. real good.

i figure we'll be lucky to see an auditor picked by the end of Feb. dunno. which means about two months minimum for completion. dunno. i DO think they are real farken serious about expanding their presence in the global marketplace. and all the news we're see'n is for one shop. in my mind they have an eye to be the next debeers. so to speak.

huge, to me,, would be
another 100M shares taken off the block
or
prominent names of the BOD
or
other news of a fantastic nature

their JV partner coalition is impressive, as it entails a large bank, a diamond union, the russian federation, an insurance co, and proprietors of the worlds largest diamond mine, and a private fella, who i think is named nick.
to me,,,,, THAT is huge