Gem Diamonds Share Discussion Threads

[davethehorse] 25/11/2021 13:08

On the move North....

[davethehorse] 24/11/2021 12:25

The "market" seemed adamant that the price was going to test the 50p level. Let's hope it hold solid, if so and is backed up with buying and more large stones it should be a major positive for a good move North again

[plentymorefish] 24/11/2021 12:09

Aye, here's hoping.....wasn't expecting recent price action here.....always makes me nervous that the market knows something we don't.....time will tell but hurry up and find some more big ones!....

[davethehorse] 24/11/2021 11:55

House broker Liberum again re iterated their 100p "buy" price target on GEMD yesterday, let's hope they can get some clients interested

[davethehorse] 24/11/2021 10:26

Anyone know when we can expect the announcement to say Ghaghoo is definitely sold and that VAST have made the first payment?

[davethehorse] 23/11/2021 13:33

Back in the 40s WTF!

[davethehorse] 20/11/2021 16:05

Diamond prices are going BALLASTIC!!

[davethehorse] 18/11/2021 10:50

GEMD cancelling that large and small Antwerp tender in October and to hold it in December instead should pay dividends with the price rises seen in the rough market

[davethehorse] 18/11/2021 10:26

Rough diamond prices still marching upwards so why the GEMD weakness?
hxxp://www.idexonline.com/diamond_prices_index

[davethehorse] 17/11/2021 12:45

We have the carryover of stones of Q3 too so expect very good Q4 numbers. share price weakness the main concern - why?

[davethehorse] 17/11/2021 11:13

Good luck PMF, the 400 ish carats recovered in the past month should be worth in the region of $20m. Another sizable stone or 2 and Q4 will be massive.

[plentymorefish] 17/11/2021 11:08

Agreed Dave....they don't exactly shout these finds from the rooftops......I topped up yesterday, not sure whether a good idea or not but time will tell......atb

[davethehorse] 17/11/2021 10:38

In their last update they gave this advice.."The highest price per carat achieved in the Period for a white Type IIa diamond was US$47 574 per carat for a 65 carat diamond"On these figs the 101 carat stone is worth just shy of $5m. Maybe more with the diamond price increase of late.

[davethehorse] 16/11/2021 16:24

Hope a sweet spot has been found, that's 3 diamonds over 100 carats in a month, back above to the normal average and making up for a poor few months in the winter. Another real biggie of the 200+ carat variety would be welcome now :-)

[davethehorse] 16/11/2021 13:06

GEMD algos out in force again...

[davethehorse] 12/11/2021 11:28

There is a fair bit of support at this level going back to 2019 too. Ideally need some really positive news from the BOD to stimulate interest from this low level.

[bad gateway] 12/11/2021 11:23

Yes they could do with this level being the low imo.That would at least give a higher low than Octobers dip.

[davethehorse] 12/11/2021 11:10

Diamond market flying and GEMD share price sinking, need the BOD to deliver good news soon...

[davethehorse] 11/11/2021 10:30

Is that a double bottom on the GEMD chart?

[plentymorefish] 10/11/2021 19:15

Pity GEMD aint!....... ;)

[davethehorse] 10/11/2021 17:48

https://www.northernminer.com/news/the-diamond-market-is-the-strongest-its-been-in-ten-years-diamond-expert-says/1003836123/

[bad gateway] 10/11/2021 15:16

Maybe the market hasn't picked up on the diamond price rise yet? Picked a few up for a trade at this level though. Targeting 80p. will see how it goes.

[davethehorse] 10/11/2021 14:07

So why is the GEMD share price languisung where it is??..

[davethehorse] 10/11/2021 14:06

https://www.northernminer.com/subscribe-login/?id=1003836123