SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Gold/Mining/Energy : Canabrava Diamond -- Ignore unavailable to you. Want to Upgrade?


To: Claude Cormier who wrote (1201)4/26/1999 3:34:00 PM
From: whisky  Read Replies (1) | Respond to of 2402
 
Well to each his own. As far as connected goes, I wouldn't say that, I just phone and ask specific questions, something I recommend every one does to find out exactly what is going on. As far as Prices of these stocks goes, the market will decide what is fair in time. Whether or not the market appreciates what they are doing will eventually show up in the stock price. Both stocks are undervalued in my opinion, and I know that is a short term situation. They tell me an update is coming, so I assume they aren't blowing shit in the wind. But certainly they could be a little more forthcoming in their releases, on both companies. If you really want to do an evaluation of a diamond stock, try comparing CNB to other diamond stocks, their price in relation to other junior diamond stocks with upside potential. I find it very difficult to examine 2 companies with the same mgmt but different focuses. Obviously you seem to be able to draw a parallel, which I find frustrating. You seem to just want to draw some line in the sand as to these 2 companies, and their share price. But, I guess that's what makes for a healthy thread is input from all different angles. I am an optomist and realist when it comes to their projects and focus, however I am really not sure where you fall. Do you own any cnb or are you hoping to buy in on the pullback. I have to question your motives for your recent comments on SWG's price in relation to CNB, as I'm sure others are to. Claude, just for the sake of asking, are you a broker, trader or just a lowly investor like myself. Answers to all my questions would be appreciated. Remember no lies now, just the truth.



To: Claude Cormier who wrote (1201)4/26/1999 4:46:00 PM
From: Diamond Daze  Read Replies (2) | Respond to of 2402
 
<<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.>>
Claude, from my perspective SWG is no where close to where it should be trading...it is a flat ass screaming BUY....So its market cap has dropped from 500 million to to 67 million....the rubber band has stretched way into the negative and will spring back....the market has discounted mining stocks and pumped up internet crap...the tide is a turning and SWGs market cap will return to its old highs.
So we can all agree the market not giving anything to the mining sector....well its a turning and we may be the match that ignites this next bull run in mining. Look at the messenger here and their reputations these are no BS promoters....DD