GREY:PGDIF - Post by User
Comment by
ekimon Jun 12, 2018 12:42am
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Post# 28158005
RE:RE:Not one comment...
RE:RE:Not one comment...It did not go unnoticed.
1st Chinese group x 9.9% ad now a 2nd Chinese group x 19.9%.
The amount of money they are talking is all about mine building money through equity.
Big money.
As grief said...not sure how it directly effects PGD...but it clearly show that China as a country still has a big appetite....which is good for diamonds.
China has a long term strategy on resources (years, decades) versus the US...which is basically quarter to quarter. It is just a matter of time before US loses its dominance on World capital markets. Inevitable. But even then....Canada will always be a strong resource nation for decades to come.
LONG...PGD
EKIM