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Gold/Mining/Energy : Paramount Ventures & Finance
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To: Diamond Daze who wrote (3614)12/15/1999 9:42:00 AM
From: 1st.mate  Read Replies (1) of 4884
 
From stockhouse!

1) A release from Ontario with some pizzaz and meat to it

2) An update on the status of the Rio...and when production may be starting.
In this release I would also like to see the following:

We will process on average XXXXX tones of gravel per hour yielding .30 carrats per tonne. Our
average carrat size is XXXXX and the value of those carrats on average carries a value of $220.00
per carrat in U.S. dollars. The total resource is 630 trillion cubic metres and life expectancy of this
operation to depletion is expected to be XXXX years. The cost of daily operations is expected to
be $XXXXX per tonne which yields a profit per tonne of $XXXXX divisible among the partners!!!

3) An actual release from Brazil stating the following:

Paramount Ventures is happy to report that it recently test bulk sampled the property acquired in
Brazil. This sample processed XXXX tones of gravel over a XXXXXXXXX days. Within this
sample were found XXXXX carrats with an average selling price of $XXXXXXX per carrat.
These calculations removed the coloureds THAT WE DID FIND and they were as follows:
one blue stone at XXXXX carrats yielding $XXXXX

one red stone at XXXXXX carrats yielding $XXXXX

one yellow stone at XXXXX carrats yeilding $XXXX

Gold was recovered as a by product in this sample at a rate of XXXX grams per tonne with an
average value of $XXXXX per gram. The total gold recovered to date is XXXXX grams.

Based upon the above we have decided to do the folowing ya du ya du ya du....

In the future we expect to ramp up production to total XXXXX tonnes per day at a cost of....the
money will come from ongoing operations.

The total cost of operations is as follows:

Wages:

Other:

Misc:

Beer Money:

and totals this $XXXXXX split among the partners. This is an average daily cost of $XXXXX.

The total resource is expected to reach XXXXX tonnes and the approximate time to depletion is
XXXX years and XXXX days!!!

WHAT THE HELL IS WRONG WITH THAT...SIMPLE REALLY....TO DATE I GET LAND
FILL AND HAVE NO IDEA WHAT WE PRODUCING DOWN THERE OR WHAT RATE!!!
Give us the damn news in plain understandable english we can all read and do the math....we are sharholders not children!!!
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