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


To: Ross Dickie who wrote (863)3/17/1999 12:57:00 PM
From: whisky  Read Replies (1) | Respond to of 2402
 
Ross So, tell me where are the sellers going to come from. The long term shareholders won't be selling until 3 bucks if they sell at all. SWG isn't going to sell until they at least have a double which means at least 2.50. All I can see so far is people understanding that this company is still undervalued based on the stage of development that they have reached in Brazil and canada. If I know SWG, they probably won't sell at all, and if it is it will be in the form of institutional investors as the stock rises. Watch for news and a big spike up in price. That's when some volume might occur. These guys are very smart, they know what they have and aren't about to give it away. Oh yah, and so do the shareholders. I'm sure your stock isn't offered either. This baby could easily be 5 bucks in no time, I'm still buying and I think all shareholders should seriously consider it to. SWG made an investment in CNB when they provided the financing for the projects the last year. Rory couldn't believe how far the money went in proving up the prospective areas in the last summer/fall field programs. Remember it took him less than 2 years at the helm of BHP to advance it to the feasibility study stage, which means an economic pipe and mine. It's almost a year and a half since he was brought on board with CNB, so yes I am very optomistic about this year. My prediction is that by the summer/fall of this year we will be be processing 5-10 thousand ton bulk samples on a number of prospective pipes in Brazil and possibly canada. When they do take the 5-10k ton samples, based on his track record I sure wouldn't want to bet against him.