GREY:PGDIF - Post by User
Post by
justanormalguyon Dec 08, 2016 7:32pm
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Post# 25574867
From Seekingalpha - Rio and Diamonds
From Seekingalpha - Rio and DiamondsNo mention of PGD or other pure plays, but nonetheless a nice statement about future supply. Hey Rio, we got some nice ice diamonds, talk to the brothers.
"Even if Rio resorts to exploration, new deposits are so hard to find that most of the industry, which has spent $7B in exploration since 2000, has all but given up."
https://seekingalpha.com/news/3229603-bloomberg-rio-tinto-wants-buy-diamonds-easier-said-done