RE: Rio still big presence in Fancy gems29 Jan 2024 20:55
When you read articles like the one below, it makes you think now maybe isn't the best time to make a major diamond find and to sell it. Perhaps it would be better to hold shares for the foreseeable and maybe in a few years get top dollar? I appreciate a lot of you have held shares for a lot of years so that might not be very appealing. Paul Zimnisky, who is quoted in the article, is a respected diamond expert I believe.
https://markets.businessinsider.com/news/commodities/diamond-prices-engagement-ring-carat-value-outlook-recession-mining-supply-2024-1