Post by
cyclops on Feb 28, 2022 7:42pm
Canadian Diamond and Russian Sanctions
Russia is the biggest producer of diamonds alright. But the west is putting sanctions because of Ukraine conflict. Diamond industry in Russia will be heavily affected, such as shipping, selling, tax raise, and some protest against their products. Canada is not yet much in the spot light. Arctic Star is drilling on Canadian land. And there is a surge of demand of diamond after the heavy pandemic lockdown. Plus the prices of diamond is rising due to lack of inventory, and so including Russia will have limited production and selling capability for diamonds. So what it means is that it is a great opportunity for Arctic Star to shine really. What do you guys think?
Comment by
CLOUDER on Mar 01, 2022 9:21am
cyclops, you may have only 1 eye but you see things very,very, clearly man. and better than the vast majority do. I still say that there is some thing going on with RIO, and we are going to know soon to many hmmmmm`s man.
Comment by
cyclops on Mar 01, 2022 10:06pm
Thank you Clouder. Though this is a good opportunity for many industries, but I really feel bad about the war. Russian currency fell dramatically. So many aspects of their economy are going to fall.
Comment by
Bigoil2113 on Mar 06, 2022 12:18am
https://apple.news/ACz0t-uFTRnWoJ-nX2wjasg