Re: [ANN] [NEW] [IEO] iCoin International - Investing in real diamond mining
I have seen many project similar to this one and not one was serius, don't think any crypto project would have the power to contrast big company who control diamond. Diamond is like mafia , few company have a control of it.
Did you see the above post where we posted proof that we have already started diamond mining operations on the land to which we have the mineral rights and mining licenses? Diamonds are a business like any other. There is no conspiracy theory
Don't know dev sorry, not all work are the same , some work are just in a few a hand of few company, i had my father who worked for Miba company in ex Zaire today called Congo and i tell you diamond like gold is a very restricted area to work! Lot money involved.
It is very hard to trust a project in precious metal industry as it needs huge capital to start with.
Without private investors, I don't think a project like this will take off.
And usually, politics is involved in setting up a business like this because all the documentation and permits will take a lot of time and resources.
Interesting if this project will still be alive after a year. We will know if they are saying the truth here if they can show us more proofs that this business is doing well.
good exactly, a lot of capital is needed, but the extraction of materials such as gold and diamonds are all in the hands of large companies, permits are needed and only some are given, not at all