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Bullboard - Stock Discussion Forum Peregrine Diamonds Ltd. PGDIF

"Peregrine Diamonds Ltd is a diamond exploration and development company with interests in diamond exploration properties located at Nunavut and the Northwest Territories in Canada and The Republic of Botswana."

GREY:PGDIF - Post Discussion

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Post by oiltar on Mar 10, 2015 7:11am

CH-6

Has one of the worlds largest pecentage population of Yellow diamonds.Think about it.If the nes bulks produce coloured gem stones the look out:

Wealth Report 2015 Shows Coloured Diamonds On The Rise

March 9th, 2015 | by Louis Barker
Wealth Report 2015 Shows Coloured Diamonds On The Rise
DIAMOND NEWS
1

According to the Knight Frank Luxury Investment Index and its annual Wealth Report,coloured diamond demand has increased by 167% since 2005, with pearls also rocketing in price thanks to the dwindling supply of new natural pearls coupled with strong demand from the Arabian Gulf.

Despite the growing markets of Asia and the Middle East, it was the UK that topped the Big Spenders Index, compiled for The Wealth Report by Ledbury Research. It is understood that the influx of foreign tourists to London and out-of-town shopping centres like Bicester Village is driving the trend.

Chinese consumers were named as the single biggest consumers of luxury goods around the world, accounting for some 29% of the global luxury spend. However, the majority is this spend is made outside of mainland China.

Almost one third of respondents to The Wealth Report’s Attitudes Survey expect their wealthy clients to spend more on luxury goods in 2015. According to jewellery writer and consultant, Claire Adler, who analysed coloured diamond trends for Knight Frank, mounting demand from Asia and the threat of ‘mines running dry’ is encouraging wealthy consumers to invest.

Plus, the emergence of the Fancy Color Research Foundation and its Fancy Color Diamond Price Index has helped to track changes in coloured diamond demand – something which makes their inclusion into the Knight Frank wealth report more understandable.

Comment by Fivecarat on Mar 10, 2015 9:59am
What are you saying James?