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

To: m.philli who wrote (1024)	4/6/1999 11:51:00 AM
From: 1st.mate	Respond to of 2402

Pre-open started...Looks like a $1.00 mate

To: m.philli who wrote (1024)	4/6/1999 11:59:00 AM
From: whisky	Read Replies (2) \| Respond to of 2402

Mike all of the properties in Brazil were secured for the opportunity of hosting an economic pipe. The fact that they may produce diamonds from a number of alluvials areas within these properties does not mean they are strictly alluvial properties such as the itamirim, as you stated. Alot of great information can be generated from working the alluvial areas such as quantity, quality and transportation from the primary source. The fact that the stock is still halted in my opinion, is a big plus for holders of cnb. This is going to have a lot more pop than you think. One key statement and overview of the release is the fact that SUF has the opportunity to increase their stake in the property by quickly proving up an economic pipe in the near term. Don't forget they stated that the primary focus of the initial exploration program is that they are going after the 3 main pipes that rory said has excellent mineral chemistry. Not 100 pipes just 3. Mark my words guys, within 6 months we will be at a feasibility stage on one of the 3.

To: m.philli who wrote (1024)	4/6/1999 12:12:00 PM
From: Ross Dickie	Read Replies (2) \| Respond to of 2402

Hi Mike and others. I spoke to CNB yesterday. They confirmed that this News was coming today (which you already know about) One interesting note, they took 4 majors down to Brazil and all made offers to partner. I asked about the other properties in Brazil. There is more to be announced, it sounded like another jv is still too be announced in Brazil. There are also plans to mine more alluvials on another of their Brazil properties. Apparently the existing alluvial plant and project should be up and running in about a week. As for WAWA, it didn't sound like they were quite ready to annouce more info yet. Apparently they are just finishing staking more land. They said that they have "Fantastic Chemistry" in WAWA "second to none in the world". However they don't have diamonds in what samples they have take yet! (Or they weren't prepared to tell me that they do). They said that the have purposly kept things quite in WAWA because they wanted to stake as much land as possible and the less they said the less they alerted competitors to what they had. He did say that in the not too distant future they should be releasing their plans with Kennecott. I think we all knew this already anyways. I know alot of this is vague, but getting details out of these guys is like pulling teeth, At one point they commented that they really don't care where the share price is, they know they have something and if they find and econiomic pipe next month or next year doesn't matter to them.