Brazil Diamond Play PVF PXM EM Message Board

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Gold/Mining/Energy : Brazil Diamond Play PVF PXM EM

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To: 1st.mate who wrote ()	11/14/1999 7:07:00 PM
From: Mr. Oil	Read Replies (1) of 64

Well this is not a bad idea at all Matey. We don't have to start three or four threads for the Brazilian JV partners we can discuss the whole shebang right here. There may well be others we will have to add to this thread before long. I can't link to the first NR you have in the header for some reason. Perhaps you could check the link to see if there is something missed. I have to say the upside here for both PVF, PXM and EM is very intriguing. Even though PVF has farmed out 80% of it's interest in the 10,000 hectare claim block there is still 205,000 hectares we have to hear about. ;))) They are actually just farming it out to their own company by and large because they own 55% of PXM anyway. They can always back into anything interesting if desired as with 55% of PXM belonging to themselves they can do what they want. Or if they want they can take down a PP with PXM to increase their position in the 10,000 acre block should this turn out to be very very good. Once more bulk sampling and exploration is done there they can make the decision which best suits PVF. They are in the driver's seat. EM is in quite a good position too. With 30% now in hand for a $400,000 investment and the option to move it up to 50% they are ultimately going to have the lions share of the interest on the 10,000 hectare block Unless they do some farming out of their own. With their share price at a fraction of PVF's I see major upside here. Based upon PVF market capitalization of $19,000,000 and EM being only $5,500,000, it is obvious that EM has only one way to go. Not that I would jump from PVF for EM entirely as we must remember PVF has much more than this 215,000 hectare block that they are working on both in Brazil and in Ontario. Let's not forget WAWA. ( I didn't think you would forget WAWA. LOL) It is only around the corner. My point is simply EM is going north any time PVF goes north and we are just at the beginning. Enjoy the ride! Ray Edit. How flattering that you would make my post the first on the new thread. You devil you! LOL

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