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Gold/Mining/Energy : Southwestern Gold

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To: whisky who wrote (88)7/9/1999 3:17:00 PM
From: Claude Cormier  Read Replies (1) of 585
 
<<Amazing, swg is going up, but GPJ is trading down >>

Well SWG is not going up on this Hoaya news. Very few are aware of its potential. The stock is going up simply because it is way oversold and undervalued and there are very few sellers.

GPJ is not undervalued. It will be when/if SWG/GPJ comes up with a major discovery (i.e. good grades to 200-300m depths).

Samething with Canabrava.

That is why I believe SWG is the best buy even if it offers lower leverage than GPJ and CNB. SWG will still have other assets that justify current rpice even if there are no discoveries on these Chinese gold properties of the diamond stuff JV'ed to SUF and Kennectott. Once a discovery is confirmed, I'll move some SWG into CNB or GPJ, depending on the discovery.

CC
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