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Gold/Mining/Energy : SOUTHERNERA (t.SUF) -- Ignore unavailable to you. Want to Upgrade?


To: VAUGHN who wrote (2732)4/6/1999 3:39:00 PM
From: Gord Bolton  Read Replies (1) | Respond to of 7235
 
Canabrava trivia

Canabrava Diamond Corporation and Paramount Ventures and Finance
Inc., are pleased to announce that the two companies have signed a
joint venture agreement to develop the alluvial diamond deposits on
Canabrava's 100 percent owned Rio do Sono Property, Brazil. The Rio
do Sono alluvial diamond property is comprised of approximately 15,000
hectares of exploration concessions located near the town of
Paredao do Minas, 300 kilometres south of Brasilia in the State of
Minas Gerais.

Canabrava Diamond Corporation and Paramount Ventures & Finance Inc.
are pleased to announce that they have signed a major Option/Joint Venture
Letter Agreement with Kennecott Canada Exploration Inc. to explore the
Company's Ontario Properties for diamonds. The Ontario Project will
include Canabrava's 100 percent owned Whitefish Lake Project, as well as
the KAP and Rocky Island Lake Projects which are owned 50 percent by
Canabrava and 50 percent by Paramount. These
projects are located north east of Wawa, Ontario and include more than
200,000 hectares of staked and leased lands.

And for Value investors

Winspear 39.3 million shares X 4.10= $161.13 million
Southernera 27 million shares X 5.80= $156.6 million

Southernera is highly undervalued. Would someone please kick it in the butt.



To: VAUGHN who wrote (2732)4/6/1999 4:07:00 PM
From: don jackson  Respond to of 7235
 
>Geologically, the claims are on a craton believed to be the rifted western part of the
Angolan craton if you subscribe to the theories of continental drift.

Vaughn, does this mean you don't subscribe to the theory? I didn't think there were many holdouts left.

--don--