
04-29-2006, 10:48 PM
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yes, she said that...
hi Chaching,
yes, that comment of hers (no new production) puzzled me too, but she was a "bit" exaggarating I suppose and perhaps she was speaking not so much form the Canadian viewpoint than globally (no new mines in Russia or Southafrica). but you are right. She may not be the best informed in the diamond area  . nevertheless, her prediction on increase of demend (if she is correct) is still encouraging (to me at least). all that aside, I am beginning to believe that Tiffany was pretty smart to lock in the supply from Tahera.
cheers to that and to a diamond-rich future  !
gd
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Originally Posted by Chaching
Thanks for that, GolfDude. Actually she said 50% over the next 8-10 years. On the other hand, she says that there will not be any new production of Diamonds to come online during that time frame. So, what about DeBeers` two projects that are about to come online? And what about Tahera? I don`t think that she`s very well informed.
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