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Gold/Mining/Energy : BRAZIL - Next area play?
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To: Larry Voyer who wrote (17)10/1/1996 5:18:00 PM
From: Keith F. Wunderlich   of 97
 
Larry,

Ambrex....hmmmm

Some more info and comments for your list

Eldorado/HRC Developments have a lot on the go,specifically
the Cuiaba Basin in Mato Grosso with jv. partner Toucan Gold.
They are also in the north having jv'ed with Brascan Brazil
(subsidiary of T.BL) on their Piaba, Aurizona, and Espigao do
Oeste properties.

Pegasus (T.PGU) has an office in Rio though I do not know of a
project for them.

William Resources have their Jacobina project and a jv. project
with Brazilian Resources (50/50 Sabara gold prop.). I refer you
to the T.Wim thread in this forum. Several people I respect
have sold out their positions.

Trans Helix (THXI.cdn) are in Brazil for diamonds as well as
South Atlantic Diamonds(V.SCQ)/Mylan Ventures(V.MVL) in Minais
Gerais. Canabrava(V.CNB), a subsidiary of T.SWG is jv'ing with
Teck for diamonds near Brasilia.

Greystar (V.GSL) did a recent pp. to fund Columbia/Brazil work.

ECU Gold (M.ECU) announced the start of exploration in Sao
Fernando. Montreal Exchange has some hot ones recently.

Also Dr. Ian Gray has extensive knowledge of Brazil and has
signed on as director of Azco (T.AZC), so they may possibly
have intentions of entering.

Far West is there with Ambrex.

Can you believe that BSW failed to reach my stop-loss by 2 cents
so I am going to have to suffer a capital gain tomorrow ;>
(I'll raise it up to give them another chance)

Anyone got anthing on ECU or Greystar?Any opinions on the Ambrex
release.

Keith
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