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Gold/Mining/Energy : Paramount Ventures & Finance -- Ignore unavailable to you. Want to Upgrade?

To: Diamond Daze who wrote (3614)	12/15/1999 9:42:00 AM
From: 1st.mate	Read Replies (1) \| Respond to of 4884

From stockhouse! 1) A release from Ontario with some pizzaz and meat to it 2) An update on the status of the Rio...and when production may be starting. In this release I would also like to see the following: We will process on average XXXXX tones of gravel per hour yielding .30 carrats per tonne. Our average carrat size is XXXXX and the value of those carrats on average carries a value of $220.00 per carrat in U.S. dollars. The total resource is 630 trillion cubic metres and life expectancy of this operation to depletion is expected to be XXXX years. The cost of daily operations is expected to be $XXXXX per tonne which yields a profit per tonne of $XXXXX divisible among the partners!!! 3) An actual release from Brazil stating the following: Paramount Ventures is happy to report that it recently test bulk sampled the property acquired in Brazil. This sample processed XXXX tones of gravel over a XXXXXXXXX days. Within this sample were found XXXXX carrats with an average selling price of $XXXXXXX per carrat. These calculations removed the coloureds THAT WE DID FIND and they were as follows: one blue stone at XXXXX carrats yielding $XXXXX one red stone at XXXXXX carrats yielding $XXXXX one yellow stone at XXXXX carrats yeilding $XXXX Gold was recovered as a by product in this sample at a rate of XXXX grams per tonne with an average value of $XXXXX per gram. The total gold recovered to date is XXXXX grams. Based upon the above we have decided to do the folowing ya du ya du ya du.... In the future we expect to ramp up production to total XXXXX tonnes per day at a cost of....the money will come from ongoing operations. The total cost of operations is as follows: Wages: Other: Misc: Beer Money: and totals this $XXXXXX split among the partners. This is an average daily cost of $XXXXX. The total resource is expected to reach XXXXX tonnes and the approximate time to depletion is XXXX years and XXXX days!!! WHAT THE HELL IS WRONG WITH THAT...SIMPLE REALLY....TO DATE I GET LAND FILL AND HAVE NO IDEA WHAT WE PRODUCING DOWN THERE OR WHAT RATE!!! Give us the damn news in plain understandable english we can all read and do the math....we are sharholders not children!!!

To: Diamond Daze who wrote (3614)	12/15/1999 12:25:00 PM
From: Dave Pavlik	Respond to of 4884

I don't know why either. Tax loss selling or maybe they just need to buy Christmas presents for the kids. Anyway I'm not complaining. After reading the Q3 report and looking at the web site I got some more shares yesterday too! Ya know maybe they are keeping it down for us so we can buy some more. And all we do is complain... DD, do you think we will get news before Jan 1 or just after. It would seem better to me to wait until Y2K is clear and then release the big one. It is only 2 weeks away. Dave