bullish on diamondsThe following is commentary on Stockhouse today.
Hambro bullish on diamonds
Evy Hambro of London is one of the world's smartest resource investors. He manages one of the largest mining funds in the world and his insight is invaluable. Back in August, he had the following to say about diamonds and its one of the reasons we want a strong diamond exploration company in our portfolio.
"For the first time in 25 years, diamond production is declining and that may make the world's most coveted stones a better investment than copper, nickel and zinc, this year's top- performing commodities. Diamonds have "the best fundamentals," said Evy Hambro, who manages the $6.6 billion World Mining Fund in London for Merrill Lynch. "The gap between supply and demand is much bigger relative to other commodities."