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


To: 1st.mate who wrote (1039)4/6/1999 8:29:00 PM
From: m.philli  Respond to of 2402
 
CNB/PVF have an alluvial operation starting this month
It appears from the news release CNB/SUF will be starting an alluvial operation soon.
It also sounds like further alluvial operations will be happening on some other CNB Properties in Brazil.
We can buy a share of CNB for $1, is it unreasonable speculation that by this time next year. CNB earnings (excluding capital costs)will be equal to that $1 a share on these projects alone.-mike



To: 1st.mate who wrote (1039)4/6/1999 8:30:00 PM
From: whisky  Read Replies (2) | Respond to of 2402
 
1st.mate The seller in the market has less than 100k to go and it's up, up and away. With a few days of good buying on this stock, we will easily be over the 1.50 -2.00 level. In the next month we will have 2 seperate alluvial operations in Brazil plus SUF drilling and bulk sampling the 3 pipes announced in the release. The 3 pipes stated in the release will be the focus of SUF exploration program in Brazil. Rest assured investors that one of these 3 pipes will be economic. We haven't even got around to the ontario project where as Rory has stated that the mineral chemistry is second to none in the world. This from a guy who is just like the company, very unpromotional. They were dissapointed that the news today did not have a more substantial effect on the share price, but they understand that there is one seller who is trying to get off his stock, and he will be off his stock very soon, less than 100k to go, so I think you might just see a little more action on this baby in the morning.