Global Diamond Exchange, Inc. (GBDX)

[travis]

More DD taken from this link.


http://explorenorth.com/library/weekly/aa101999.htm


Following the signing of the Agreement on Economic Relations between the governments of the Russian Federation and the Republic of Sakha on March 31, 1992, a joint stock company called Almaz - formerly Almazy Rossii-Sakha (Diamonds of Russia and Sakha) - was formed to coordinate mining efforts and negotiate sales. Owned by various federal, state and local authorities, as well as by employees through a co-op, the company controls 95% of the diamond industry in the republic.