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2.7¢ goldoz limited

Trading Halt: Why there was none?, page-312

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wombat777

11,249 Posts.

29637

30/10/17

19:15

Post #: 28325895
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Originally posted by Hardrock25 ↑

This is actually telling of a very important point about the significance of the Montepueze ruby fields.
Recovered stones of this region are so diverse in colour and other qualities that they have the advantageous ability to satisfy the preferences of different markets. Very important to understand why rubies have not had a universal grading is because of the wildly varying preferences of different nationalities. The ideal colour ruby Europeans is vastly different to that of Thailand as well as that of North Americas, and others.
Because of this we can MUS can generate a diverse business that does not rely on solo one markets preference and demand. Is very advantageous imo

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Adding to this - as we've also found, colour very much comes down to personal taste. It's not essential that all rubies are the famed "Pigeon Blood". There is a need for the jewellery market to satisfy different tastes.

MUS Price at posting: 10.5¢ Sentiment: Buy Disclosure: Held
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0 Great analysis

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