GREY:PGDIF - Post by User
Comment by
greywoofon Oct 24, 2014 4:36am
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Post# 23057393
RE:RE:Why don't owners talk to William Lamb on Howe Street?
RE:RE:Why don't owners talk to William Lamb on Howe Street?This is my opinion after looking into Lucara Diamonds after it was mentioned by another poster on this site..
Lucara Diamonds Corp has been successful in 2014 - they have no debt and
they have lots of cash their Corporate headoffice is located in Vancouver BC....
Here is a recent quote from someone posting on Lucara Diamonds Site on
Stockhouse:
From Pareto securities:
"The market for Lucara’s large stones remains buoyant, as shown by the latest
special tender results. Lucara is at an advantage in that it’s average diamond
value is of above industry average quality with a 12 month average sales value
of USD 677/ct including special stones and USD 369/ct excluding special stones.
This compares to a global average price of approximately USD 110/ct. "
I don't know if they want to stay only in Botswana or expand into Canada ( as DeBeers has done) ...
I think they are developing some new lower cost diamond processing technologies ..
don't know if it could be applied to Baffin Island
I am pretty sure all the Howe Street DIamond Company execs know each other in some capacity...
Don't know who would want to contact who first ...?
- GW