As we are still on a ruby themed threat, talking to those in the know it turns out the three big groups and their proxies were behind the recent auction prices, keeping them up for ruby and sapphire rough. Waiting on Fura news over on the Canadian boards, but certainly the longer term traders seem to have made some nice margins. Would love an investment vehicle to be able to get a piece of that.
I can't recall seeing what happened to the ruby rough that was already out of the ground when Fura bought in. Did they end up selling it or was it gifted?
