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Gold/Mining/Energy : Canabrava Diamond -- Ignore unavailable to you. Want to Upgrade?


To: Diamond Daze who wrote (1769)1/21/2000 5:17:00 PM
From: 1st.mate  Read Replies (1) | Respond to of 2402
 
Don't forget that PVF is 50/50 on most!
Kaiser says hold Canabrava for Ontario diamond try

Canabrava Diamond Corp CNB
Shares issued 28,293,888 Jan 20 close $1.05
Fri 21 Jan 2000 In the News
John Kaiser, writing in the Jan. 10-14 Bottom-Fish Action dated Jan. 19,
says Canabrava Diamond at $1 is a 100-per-cent speculation cycle hold
because the Brazilian and Northwestern Ontario diamond projects together
are strong stories that will take the stock higher. Mr. Kaiser recommended
Canabrava in December, 1998, at 54 cents. In the current report, Mr. Kaiser
says Canabrava has found some excellent diamond indicator chemistry in
certain parts of its Ontario landholdings and is now conducting a staking
program in the inferred source regions. Mr. Kaiser wonders why Canabrava
would give up 50 per cent to Navigator Exploration. One of the reasons is
that Canabrava gets the clout carried by Aber Resources founder Gren
Thomas. Navigator, however, has had its challenges recently and the stock
was knocked from a high of $1.50 in April to 25 cents in September. Now the
company has generated new targets on Nowak Lake for drilling this winter,
formed a joint venture with Nickelodeon Minerals on an Irish exploration
play, and teamed up with Canabrava on the Superior Craton diamond play.
(c) Copyright 2000 Canjex Publishing Ltd. canada-stockwatch.com