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 : Southwestern Gold -- Ignore unavailable to you. Want to Upgrade?


To: 1st.mate who wrote (134)8/9/1999 12:12:00 AM
From: MNorth  Respond to of 585
 
1000 dollar price of gold??!!!! That's pretty interesting. Hope your right!!



To: 1st.mate who wrote (134)8/9/1999 12:45:00 AM
From: Claude Cormier  Read Replies (1) | Respond to of 585
 
<<I understand that SWG will have another jv with CNB in BRAZIL within the coming months...Have you heard the same and what is your thoughts...>>

Haven't heard such story yet.

<<the problem I see with SWG at these levels is it is too tightly held to take a substantial position without propelling the stock...I have been trying to pick slowly for a little while but my results are poor..(LOL) Maybe I am just too cheap!!!I have now taken the opinion that is better to buy the partners...You comments??? >>

It is indeed extremely tight and it is now next to impossible to grab shares below $3. But there are still some coing between $4 and $5 which I think is still very cheap.

Let say that SWG is much more conservative that the two sisters. But still keep some extremely decent leverage thanks to its numerous (23) projects and its 56% interest in CNB.

SWG market cap is $70M, PVF is $16M and CNB is $32M. I would pick them up in this order. In fact, the best combination is lots of SWG plus some PVF. That is a good mix prudence with a touch of speculation.

I don't know if you know very well all of SWG projects...but Accha alone is worth SWG current market cap or so.