7936567 Canada Inc SWYDF

HOw bout THIS example!

[crazytown]

If you like just google 'rough diamond prices falling' and you will find examples like this one popping up recently. If you dig deeper into the industry you will find things like Harry winston delaying rough diamond sales, “Although we continue to make small sales of specific rough diamond assortments to specialist clients, we have elected not to make broader rough diamond sales into an unstable market that seeks bargains,” Harry Winston chairperson and CEO Robert Gannicott said in a statement.“As a result, significant rough sales revenues from this period will be deferred into the fourth quarter, and possibly subsequent periods.”etc. etc. Or articles like this one. Business Gem DiamondsFirestone says diamond prices are down 15-20% in six weeksMiner blames the uncertainty in international financial markets for a drop in demand for smaller diamondsDiamond prices have fallen by up to 20% since the beginning of August, amid ongoing uncertainty in financial markets.Diamond miner Firestone Diamonds told the City that the gems had given up almost half of the price rises seen in the first half of 2011, when prices rose 40% driven by demand from China and India.The miner said it expected "stability" to return to the market later this year. It withdrew 20,000 carats of mainly smaller diamonds from sale recently because they did reach their reserve prices."The results of the diamond sale reflect a drop in overall rough diamond prices of approximately 15 to 20% since the beginning of August 2011 and significant volatility in prices in selected categories of diamonds," Firestone said. "This has been primarily driven by recent uncertainty in international financial markets.