GBDX - Global Diamond Exchange, Inc. Message Board

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Gold/Mining/Energy : GBDX - Global Diamond Exchange, Inc.

GBDX 0.00

Oct 28 4:00 PM EDT

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To: Douglas V. Fant who wrote (20)	6/29/2007 12:57:23 PM
From: Douglas V. Fant	Read Replies (1) of 36

SG, By the way I may be wrong. However I see what appears to be a pattern by the Russians to consolidate control of export of their base metals and commodities. Look at Gazprom beating down BP on the Siberian Oil Field and now they are after ExxonMobil for operatorship and control of gas exports from the Sakhalin Project. My hunch says that Sib Almaz is trying to do the same thing in diamonds exports, especially since Putin in February authorized export of uncut as well as cut diamonds (expanded the export market). The cut diamond trade (per last year's Russian figures) was US $70 billion. So that GBDX export license has some value above the current stock price to Sib Almaz....

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