Is anyone following this company? I would love to know if anyone has an opinion on this proposed transacion.
Diamonds are not loved by the market right now with most mining houses offloading their projects... however this has been one of the more profitable mines in an (expensive) mining friendly country.
I would have thought there would be more interest in this company.
I recommend anyone look at the old GEMD annual reports for more information on Ellendale.
ellendale
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