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


To: russet who wrote (1179)4/23/1999 8:43:00 PM
From: whisky  Respond to of 2402
 
Sometimes with Kaiser's bottom fish picks they really don't get out of the blocks to begin with, so you buy the stock and wait, and wait, until you get fed up and sell at a loss. Your own Due Diligence is always the key. It's not fair for me to say what kind of a diamond expert he is, but he does understand a good opportunity and investment. At least he does here. As far as this being a pump and dump, usually with a pump and dump it's one quick release and that's it. Well what happens if you start getting more regular releases on your exploration projects. Certainly CNB has enough of them right now. Drilling is about to begin in both Brazil and Ontario very shortly, not to mention 2 alluvial operations in Brazil, one with PVF and the other with SUF. Both of which are suppose to produce very significant cash flow for all companies, certainly enough to boost the exploration budgets and timing. We also shouldn't discount the fact that this is a very thin trader while drilling a select number of pipes choosen by Rory, combined with a 4-6 week turnaround time on results. Southernera is known to be very good about releasing info to there shareholders, and I think we will be seeing a much more concerted effort to do just that. I look at it this way, In Brazil they did the deal with SUF because they are proven finders of diamond pipes and are very shareholder friendly with updates on projects. More releases, more interest, higher stock prices. Remember this stock traded over 7 1/2 bucks in 96. So higher prices are not uncommon for this stock. Up until 1 1/2 years ago this stock was firmly trading at 3-5 bucks a share. Trading in that range for over 3 years, until Teck left. We all read Kaisers thoughts on Tecks association in Brazil. New President, New JV with a proven diamond explorer, it's looking very attractive to me at any price. Technology stocks are hot right now, but the euphoria will end on the first big scam, which is coming, as it always does. Commodity prices are starting to firm up and move ahead, hence a shift back into select resource based stocks that offer opportunity, and increased wealth through new discoveries.



To: russet who wrote (1179)4/25/1999 2:45:00 PM
From: Diamond Daze  Respond to of 2402
 
Russett...<<With Canabrava going up, but SWG and PVF and SUF going the other way, one has to take a critical look at why.>>
Agreed...look at virtually and resource stock since the Bre-X crash 99% of them all look a like...no matter how good the company is..I believe we are past the bottom and money is starting to move back into resource markets....where else in these lofty markets can you find bargains like Southwest Gold, TVX, Hemlo, Valarie and a host of other stocks that are selling at 1/5 to 1/10 of where they ought to be trading at.
Mark my words " the resource market is coming back these stocks that have been battered down will all come back ..we are just moving into the cycle now ...and this cycle was much much worse than the great depression. The resource market is going to fly...It will go back as fast or faster than it went down then it will set new highs.
As far as PVF goes thats an easy one....
exchange2000.com
As soon as DS is gone we will trade at .85 to 1.00 in one or two days...there are many like me who have large positions waiting...
When DS is gone there will be a rush in that will take us up quickly
It took two years for them to knock us down in the post Bre-x...but with alluvial operations and drilling begining we will be back to old highs much sooner than two years...being a little bold we may see old highs as soon as Kennicott announces they hit kimberlites...and we know they are going to because they come to the surface but the market does not care till the drill turns....It going get hot guys.. and I have been patient but now I'm ready...Cheers all cause we are on the right ones now.....no doubt about it....DD



To: russet who wrote (1179)4/25/1999 8:06:00 PM
From: Claude Cormier  Read Replies (2) | Respond to of 2402
 
<<A main difference is the Kaiser Tracker stating that Canabrava should be 5X it's current price. That's called hype,...but not necessarily undeserved. >>

Looks to me like it is undeserved. Why would a stock with no substantial reserves have a market cap of $180 millions. OK, there is really good stuff in Brazil and likely in Ontario. But let's get some hard reserves first.