GREY:PGDIF - Post by User
Comment by
ekimon Feb 24, 2017 12:26pm
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Post# 25889767
RE:RE:RE:The brokerages
RE:RE:RE:The brokerages
Speaking of DDC...It actually hasn't been that long that they did a name change.
If I walk down the streets of downtown vancouver today and asked if they ever heard of dominion diamonds.....most would be clueless.
We actually have zero recognizable candiana diamond company in Canada.
zero brand recognition.
Stornoway? Mountain Province? Dominion Diamonds?
Rio Tinto -- yes, De Beers -- yes. Those are both interenational names...not Canadian specific.
If one Canadian company were to consolidate the lot of companies...set up shop in a jewellery stores for branding and get the name out there.....then you can start realizing a premium.
Right now it is absolutely true that both MPVD and SWY are price takers and that usually comes with no premium and sometimes a discount.
LONG...PGD
EKIM