Other very important info. DYOR. Ruby Count Grows to 147,000 CTS...

Other very important info. DYOR.

• Ruby Count Grows to 147,000 CTS October Auction Confirmed - https://hotcopper.com.au/threads/an...147-000cts-october-auction-confirmed.3612291/
• 8245L & Mugloto = $$$ - https://hotcopper.com.au/threads/8245l-alpha-mugloto-top.3520314/
• The depleting supplies of rubies from Burma - https://hotcopper.com.au/threads/the-depleting-supplies-of-rubies-from-mogok-in-burma.3604656/
• Example of a cut Mozambique ruby - https://hotcopper.com.au/threads/video-mozambique-2-06-ct-unheated-31-999-usd.3599514/#.WZOaVlEjGUk
• A current risk is dilution associated with a convertable note facility. DYOR.

High quality rough rubies ( ready for tender sales to gem cutters ). These are Mustang Rubies from the Mustang License area that is the current focus of bulk-sampling ahead of the auction. It is very important that you understand that high quality rubies come from secondary deposits.



Mustang's strategy is to focus on Secondary Deposit Rubies (above), not Primary Deposit material (below).

Contrast the photo of High Quality rubies (above) with rubies (below) that come from primary deposits.  This photos is from a video of Gemfields PLC material taken from Primary Deposits. Primary deposit rubies look like this.



See also my post here:

https://hotcopper.com.au/threads/an...612291/page-205?post_id=26612208#.Wafld5Og-qA