SOUTHERNERA (t.SUF) Message Board

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Gold/Mining/Energy : SOUTHERNERA (t.SUF)

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To: DavidA who wrote (2993)	4/17/1999 9:21:00 PM
From: Andrew	Read Replies (2) of 7235

You know when I think about it this dispute between Debeers and the GDV is good in many ways. There has already been upward pressure on the price of rough diamonds in the recent quarter and by Debeers not exporting diamonds for 3 weeks already and for who knows how much longer we may see more upward movement on the price of rough as the supply has been reduced. We all know that Debeers controls prices by hoarding, this is not a bad thing at all for the diamond industry. Heck SUF is even getting paid still with the possibility of an adjustment in the future. Andy

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