Replies to post #19544 on Global Diamond Exchange, Inc. (GBDX)

[MSEED]

Alrosa conflict may help GBDX. With important GBDX JV w/"Diamond Certificate" entity, includes Olympus. Olympus consists of several top corporate/private co.s that control one of world's largest diamond mines, located in russia. My understanding is that Alrosa is not involved.

This JV will allow GBDX to have direct access to top quality stones thru Olympus. Another example IMHO why this JV is so huge. The JV creates not only direct access to one of world's largest diamond mines, but GBDX also now has affiliation w/Smolensk, "Crystal", largest union of diamond cutters in russia. And JV includes Mevynarodni/Aktsonirni Bank, one of russia's largest. Additional capital avail. for expansion locked in.

How many other pinks have real revenue potential of $15-20M a year, such strong connections to product they sell, and only 120M+-share float/400M+-O/S w/100M+-restricted?

Thanks for info!
Best Regards
Not a buy or sell recommendation. My opinion only.

[rick85284]

Seems ok with me if they want to bypass Russian cutters and export them to GBDX. Am I missing something?