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Gold/Mining/Energy : Precious and Base Metal Investing -- Ignore unavailable to you. Want to Upgrade?

To: jpthoma1 who wrote (25)	10/9/2001 11:27:36 AM
From: TrueScouse	Read Replies (1) \| Respond to of 39344

JP: Are you familiar with Canabrava as a diamond exploration play? I don't follow diamonds directly myself, but SWG is a 45% shareholder of Canabrava, which has a JV in Ontario with Kennecott -- so SWG gives you a shot at a diamond play as well as all its other PM holdings. Anyone else familiar with this who could comment on its prospects? And related to this, when is SWG going to start moving! <g> Regards, Howy

To: jpthoma1 who wrote (25)	10/9/2001 12:58:18 PM
From: marynell	Read Replies (2) \| Respond to of 39344

Demand for gem-quality diamonds will collapse in the coming severe recession because middle-class buying will dry up. I don't know whether the diamond cartel can maintain the price. I think that the price of gold and silver will fare better in a severe recession that will diamonds and base metals. BAY and FGX are my largest holdings.