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Gold/Mining/Energy : Canabrava Diamond
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To: m.philli who wrote (1024)4/6/1999 11:59:00 AM
From: whisky  Read Replies (2) of 2402
 
Mike all of the properties in Brazil were secured for the opportunity of hosting an economic pipe. The fact that they may produce diamonds from a number of alluvials areas within these properties does not mean they are strictly alluvial properties such as the itamirim, as you stated. Alot of great information can be generated from working the alluvial areas such as quantity, quality and transportation from the primary source. The fact that the stock is still halted in my opinion, is a big plus for holders of cnb. This is going to have a lot more pop than you think. One key statement and overview of the release is the fact that SUF has the opportunity to increase their stake in the property by quickly proving up an economic pipe in the near term. Don't forget they stated that the primary focus of the initial exploration program is that they are going after the 3 main pipes that rory said has excellent mineral chemistry. Not 100 pipes just 3. Mark my words guys, within 6 months we will be at a feasibility stage on one of the 3.
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