RE: Unbelievable value per ton is likelyHi Folks...my first post here and I made a first buy lask week. Tip of the old hat to 7son...yeoman's work explaining this story...I assume you have a significant vested interest but have presented your information in a nicely balanced manner...not to mention a virtual wealth on information on the sector itself.
The other poster beat me to a question that I was curious about...what are the big picture fundamentals of the ruby market?...is there a supply/demand deficit or surplus or is the market in relative equilibrium....what is the recent history (say five years) of finding economically feasible deposits...is it as bad as other commodities or are they being found with some regularity....can you address in more detail the distribution channels and level of competition within them?....as I understood your prior posts, they would might either refine into jewlerry in-house...or have to sell to a select few clearing houses?....if so, how many of those are there and to what extent, if any, are they "in-bed" with existing producers...how difficult or easy would it be to dislocate that distribution channel with a potentially enormous source of new gems (presumably creating a competitive pricing advantage....are there vested interests in the markets existing relationships that could create barrier to this company's output?...if future results are consistent with these massive samplings...does it have the potential to redefine the entire market space?
Thnaks in advance for any thoughts you may have on that...cheers.