Global Diamond Exchange, Inc. (GBDX)

[RonnieD]

mwright, at this juncture the company has not affirmed a cash buyout. It is correct that the tender offer is made by a private entity, and if that offer were to be accepted monies would be the replacement for shares, however we have to consider that it also could be a merger according to the language of the announcements. In that case the assets of Sib Almaz would be merged into GBDX and GBDX would continue as a stock on the US stock exchanges.
Long ago I heard that a primary mine which GBDX was getting diamonds from is right near the Chinese border. Sib Almaz could mean Siberia Almaz. The city in which the suitor resides is thus:


So as you can see, Godzilla is not far..