Brazilian Diamond rush.I think that we are seeing the very beginning of what just may be a great speculative run for junior diamond explorers in Brazil.
Forget about who would have believed that diamonds would be found in Saskatchewan, Brazil has been a global diamond supplier for over a century.
The only thing that has eluded explorers is a source for these valuable alluvial diamonds down there. Many, including Dr. Chuck Fipke of Ekati fame are down there because they believe kimberlite sources for these diamonds do in fact exist.
The first to find a commercial one, which I belive will be IIE, should have a lucrative effect for shareholders, IMHO