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


To: Claude Cormier who wrote (933)3/24/1999 9:29:00 AM
From: whisky  Read Replies (1) | Respond to of 2402
 
Claude "Don't think this will happen now as SWG is way undervalued relative to CNB" Historically CNB has traded at 1/4 the price of SWG. Going back 6 years this is the range that they have always traded at. However, I agree that SWG is undervalued, and SO IS CNB. Based on all of the properties that SWG has, and they have alot, both of these stocks should be trading at minimums of 8-10 on SWG, and 2-2.50 on CNB. Both stocks will be there shortly. Oh yah, they will NEVER merge. Both are great growth stocks, which everyone should have a little of. One should never underestimate the timelines on CNB, I know the mgmt was not happy the way the market pushed the 2 stocks down over the last year and have decided to aggresively pursue there projects and get them into production. I'm betting they are going to do it very shortly. We are on the runway, waiting for the tower to give us the go signal.