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

To: whisky who wrote (1199)	4/26/1999 3:09:00 PM
From: Claude Cormier	Read Replies (2) \| Respond to of 2402

<<In the annual report of SWG, which I hope you read, as you say your a shareholder, clearly states that there plan is to bulk sample several of the selected pipes in Both Brazil and Ontario THIS YEAR>> Yep. I know that and sure understand what is going on. I have to agree with you that the diamonds looks more forever these days than gold and silver looks precious. You are certainly very well connected to say so firmly that we have to hold our hats cause this week is the week !!! But there is one fact that remains. When analysing different situations you can only base your evaluation on what is known. As of today SWG has measurable assets ($30M cash, 800,000 tons of zinc at Accha and 1M ounces of gold at Poracota). All their other assets including their 20M shares in Canabrava have not reached a level where we can attach $$ to them. With SWG having a market cap of $67M and Canabrava almost at $50M, you will have a tough time convincing me that they are comparable. But I can understand why some will prefer the lower-priced CNB. I like both companies because they have the same management and share the same principles. But I prefer SWG because of its diversity and exposure to base and precious metals. (Who can not be attracted by the possibility of several millions ounces of gold at Haoya). But I can understand the CNB-only shareholders who want to participate now in what is hot now..( at least a lot more than gold) : diamonds. CC