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Gold/Mining/Energy : YBZ - Brazilian Resources -- Ignore unavailable to you. Want to Upgrade?


To: Richard Saunders who wrote (2)12/18/2000 8:50:45 PM
From: Cashy  Respond to of 32
 
what attracted me to this company was the volume spike..Having read their web page i saw that they had 2 gold properties on which they have a total gold resource of 1.29 mil oz, but with gold being where it is, well next i saw they were negotiating Hydroelectric, fiberoptic and telephony projects and this is where my interest perked up,after all Brazil is Latin Americas richest,largest and most populous nation (165 million people),and is in dire need of new infrastructure re telephony and energy. Ive also recently read articles where major international carriers are moving into Brazil as they are privatizing their energy and tele sector.So with the agreements YBZ has in place and the people involved (scudder funds,agf management,van eck associates to name a few) i believe there is SOMETHING UP here..So im not looking at balance sheets,because all this company has ever done up till now is explore NOT produce therefore the only bottom line is a LOSS. I also noticed that some options and warrants were exercised at much higher prices not long ago...I hope that this makes sense to you.Another good sign to me is that insiders are putting up their own money,and regarding the number of shares out..well that has never been a major factor in my decision making on the contrary if you like it you can buy a bunch without moving the market



To: Richard Saunders who wrote (2)12/19/2000 12:04:54 AM
From: Berry Picker  Read Replies (1) | Respond to of 32
 
The amount of shares also put me off a bit. I watched one house however dump a million shares in one hour and the volume was there for it. If you check the trading the day that it traded 1 1/2 million shares last week you will see what I'm talking about. It also makes me nervous that someone with that kind of position is blowing it out BUT most of it is also being taken back up by one house so go figure? It's a bit of a wash :-)

This stock was 50 cents a few weeks ago before DS decided to sell with reckless abandon.

Can any one tell me why some houses sell like that? They must know that is will drive the price down when people see they can get it cheaper? Just bought some NSU about 2 weeks ago - same story one house just blasting the stuff out down to 12 cents.

YBZ seems to have enough people interested in buying that such volumes can be blown out.

Another thing that caught my eye was the fact that in the last news release options for 50 cents were being exercised even though the stock was trading lower on the open market but the insiders seem happy to pay more for the stock.

Like you say - the story is Zappy and the prospects for growth should be good. Another stock that I was following that is developing cable in Brazil is IMPT which is also selling way below value. British Telecom bought IMPT at $30/share it is now below 10 bucks. Last at $ 7 5/8.

This kind of Tech is just getting started in S.A. while here people are starting to sort out which companies will and which will not make REAL money in the tech stock sector.

As with any stock that is trading for 15 cents - don't bet the farm.
It is a risk but YBZ also has a really good chance of being a ten bagger.

IMHO :-)



To: Richard Saunders who wrote (2)12/19/2000 7:16:50 PM
From: Berry Picker  Read Replies (1) | Respond to of 32
 
Did you see the depth at the close today?

Bid Ask
#Ord #Sh Price Price #Sh #Ord
1 20,000 0.16 0.18 9,000 1
3 30,000 0.15 0.30 20,000 1
2 24,000 0.14 0.40 60,000 2
5 105,000 0.13 0.45 16,000 2
3 221,000 0.12 0.48 10,000 1

The selling is definitely thinned down.
Only 9000 shares at 18 for sale then 30 cents.
Here is a full meal deal for ya...

Buy CUX and an equal amount of YBZ

When CUX gets to $1.10 (and it will) sell it.

You get Brazilian for free :-)