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The Carat Comes Before the Stick with this Glittering Diamond Mine

By Malcolm Stacey | Thursday 7 June 2018


Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.


Hello, Share Scatterers. Diamonds are a glamorous play, but oh, how risky! I’ve thrown the odd thousand at a few miners hoping to find a few glittery winners. But I have usually been disappointed. Some of my long-ago picks are now so low in value that they’re not even worth cashing in. But that, as Shareprophets star contributor Wilders recently pointed out, is the dodgy nature of exploratory mining. However, there are a few diamond miners with impressive assets rather than just high hopes.

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