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Gold/Mining/Energy : Black Swan

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To: William Whitehead Jr. who wrote (3133)	3/19/1999 10:35:00 PM
From: John Fairchild	Read Replies (1) of 3186

Whitey, What do you mean by suggestions of 75,000 c are realized? I have not had a chance to talk to the company yet to get an update. Lots of questions. They are now achieving 500 cubic meters/day at Gamela. When do they expect to ramp up to the 1,000/day? What are production costs? From Feb 17 NR. Black Swan is also commencing an exploration program to investigate primary sources of diamonds in kimberlite/lamproite pipes and intrusives. When can we expect an update on this exploration? Brazil diamond exploration appears to be heating up and BSW appears to be well positioned with people, property and cash. Should be an exciting play with lots of news with the rainy season coming to an end. They have put out three News Releases in March so it looks to me like the promotion has begun. John

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