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

To: Lazarus Long who wrote (3685)	1/3/2000 7:14:00 PM
From: 1st.mate	Respond to of 4884

Taken from stockhouse! Subj: SWG in Kaiser's Top 20 Bottom-Fish Date: 1/3/00 2:25:07 PM Eastern Standard Time From: NRI Kaiser Bottom-Fishing Report - Digest December 28, 1999 Written by John Kaiser ©John A Kaiser Canspec Tel: (925) 631-9748 Top 20 Resource Sector Bottom-Fish for 2000 Below is a list of John Kaiser's Top 20 Resource Sector Bottom-Fish for 2000 followed by snapshot summaries… Southwestern Gold Corp (SWG-T: $4.50) $3.50-$4.50 Snapshot: Southwestern Gold may look like an expensive bottom-fish, but not when you consider that it is rich in assets, story, management and structure. It has $21 million working capital, a 55% stake (19,980,550 shares) in Canabrava Diamond Corp (CNB-V) worth $15 million on paper, a large Latin American property portfolio that includes 22 joint ventures involving mainly major mining companies, and a joint venture with Global-Pacific Minerals (GPJ-T) on the Haoya gold project in China. Canabrava is active in both Brazil and Ontario; after several years of groundwork Canabrava's diamond projects are in a position to make big news in 2000 with a bit of luck from mother nature. SWG's most advanced Latin American project is Accha in Peru where Pasminco is earning 51% of the oxide resource of 9 million tonnes of 9% zinc. SWG was one of the earliest juniors to move into Peru and has one of the best gold and copper portfolios; its financial strength, technical network and shrewd entrepreneurial mentality puts this company into the most powerful position to scoop new projects in the current distressed climate. Management is headed by George Plewes, John Paterson and Dan Innes who own at least 36% of the stock. Another 20% is held by the Global Strategy mutual fund group, which is also a large stakeholer in Canabrava. The stock peaked at $28 in 1996 which today would be a market cap of $400 million versus the current $50 million based on 13.4 million issued and 15.2 million fully diluted. Management is not worried about the market though it is using a normal course issuer bid to soak up the public float in the $3-4 range. If there was only one resource sector bottom-fish you were to buy and just forget about, it is Southwestern Gold. This stock will respond extremely well to a revival of market interest in the resource sector, and has the best potential to deliver a world class Pierina style discovery out of the blue. (Note that Southwestern Gold is very volatile in the bottom-fishing range of $3.50-$4.50 on light volume.) Tel #: (604) 669-2525. Web: www.swgold.com.