PHI Group Inc (PHIL): If the diamond market is so bad, why is...

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Re: DawgTrading post# 73304

Wednesday, 07/07/2021 3:35:19 PM

Wednesday, July 07, 2021 3:35:19 PM

If the diamond market is so bad, why is Dubai and others bringing in so much money. We should also not forget that multiple commodities means other sources of revenue other than from diamonds. Also, the message mentioned laboratory grown diamonds which require no sourcing. Last, with a total of 1800 hectares, you can bet the ADE will only be a portion of what is to come.

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