SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Gold/Mining/Energy : Canabrava Diamond
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Ed Pakstas who wrote (874)3/18/1999 10:38:00 AM
From: whisky  Read Replies (2) of 2402
 
Ed The Rio Sono property was staked right from the beginning back in 1992. Very early report dating back almost 5 years, had talked of extensive clusters of pipes draining diamonds into the river channels. I'll tell you boys, this was a coveted piece of property by CNB for many years, that's why it was never included in discussions of possible JV's before. This baby will provide both CNB/PVF with all the money they need for their exploration activities. This is one of the areas where alot of the clusters of pipes drain to. I wouldn't surprise me to see them pull out some very, very large diamonds from this area. I'm talking 100 plus carats once the operation gets going. Remeber the largest diamonds found historically from these areas are in the magnitude of over 1000 carats. That's a fact. We shouldn't forget that some of the worlds rarest colored diamonds come from area also. Pigeon blood red {1 million per carat] President Vargas Diamond [blue diamond], just to mention a couple. Brazil is about to get very hot. Why do you think there are so many companies down their exploring the alluvials. But the focus is still on proving up an economic deposit. Which they will do, thanks to Rory Moore. Think about it, it cost PVF a million dollars just to get in on it. It's a great deal for PVF.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News