Silicon Investor (SI) -- The First Internet Community

STOCKTALK

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 (1277)	4/28/1999 9:01:00 PM
From: whisky	Read Replies (1) \| Respond to of 2402

" They are now downplaying the bulk sampling aspect,...and talking more about launching into commercial production as soon as possible." the reply "Exactly" My reply I agree 100%, on the alluvial commercial operation with PVF. The bulk sampling which they are talking about is on the Canabrava Project with SUF, seperate from the alluvial operation with PVF. The main reason that Rory was in Brazil with SUF was to set up the exploration program with SUFon the Canabrava Project. . The fact that they saw what a great operation Baines has set up for CNB/PVF and want in on the easy money is very predictable. However SUFand CNB are Diamond Explorers in the business of proving up economic diamond deposits and that's exactly why they were brought on board on the Canabrava project to do.. To prove up a pipe. I hope that SUF/CNB do set up an alluvial plant, nothing wrong with making a couple of million a week in extra cash flow to expand that diamond exploration budget on their kimberlites. How long do you think it is going to take them to decide what to do with their windfall. About 1 second, then watch the pipe exploration really take off. Now it took PVF/CNB about 2 months to get their plant up and running. I can't assume it will take SUF any longer. How many drill rigs and heavy equipment can you hire, lease or buy with that cash flow. The answer they can't ship , truck or fly them in quick enough. CNB/SUF and PVF are going to rock the diamond industry in the next couple of months or sooner. It was mentioned to me that you would have to be crazy to sell this stock, well let me tell you, you have to be crazy not to be buying this stock.