Brazilian Share Discussion Threads

[burbelly] 16/12/2003 03:03

well bdy seems to go down so maybe not woth a punt untill it finds some support

WSS seems to have gained a lot of support lately so not sure how much further it will go.

HIF is a gamble, it they find gold as JP seems sure they will then who knows. Plenty of institutional support. Rumour of a large placing at 7p (above current market price) and also another licence to extend Cata
looks likely.

I own HIF by the way so I might be biased.

[currypasty] 15/12/2003 09:12

Burbelly, what do you think is best value as of todays prices, BDY, HIF, or WSS ?
I have some cash, but undecided where to point it !
BDY 29 - 32
WSS 8.5 -10.0
HIF 6 - 6.5

[burbelly] 15/12/2003 09:04

No worries as a major shareholder in HIF there is plenty of scope for upwards movement, when HIF publish their drill results from Cata sometime soon, maybe just after x mas. They were having some troubles with a contractor but they have sacked them now and got a new team in.

Quite possible that there are multiple veins in Cata instead of just the one that everyone knows about.

So as a holder of WSS you should profit from that as well!

[currypasty] 11/12/2003 10:47

A very poor debut, IMO ! Hardly any trades, dipped below issue price, and MM's still havent found the price to stimulate some buying.
I am not a holder, just interested because I do hold WSS, who inturn invest in these, and other E&P stock.

[currypasty] 08/12/2003 09:25

BRAZILIAN DIAMONDS LIMITED
FORMERLY BLACK SWAN RESOURCES LTD.


Brazilian Diamonds' mission is to create value for its shareholders by exploring and developing its existing diamond portfolio in Brazil; by locating and evaluating other promising opportunities and by initiating and conducting mining operations. It will continue to re-evaluate its properties and activities with the focus remaining on Brazil.

Brazilian Diamonds currently holds over 185,000 hectares of prospective diamond properties throughout the State of Minas Gerais. The Company's portfolio consists of numerous kimberlite targets within areas of known alluvial diamond production. Brazilian Diamonds's main objective is to explore for the source of the alluvial diamonds in the kimberlite targets while continuing to process prospective gravel resources for alluvial diamonds. Diamonds found in the alluvial deposits can provide cash flow as well as useful information in the search for the source of the diamonds in bedrock.

Brazilian Diamonds will grow as an exploration and mining company through the efforts of a motivated, professional and quality organization with a broad range of skills and experiences.

It is the intent of Brazilian Diamonds' management team to become a significant producer of diamonds from Brazil, creating wealth and growth for the Company.

[agincourt] 08/12/2003 08:44

Now ther's a positive sign.

EVO are not one of the market makers so marginally less charnce of being robbed.

[currypasty] 08/12/2003 08:29

Absolutely not, thats why I have scoured the earth to find a Company with new directors, and new followers... hopefully M1, et al wont notice me here !!

Placing at 34.5p, opened up, and ticked up to trade at 37p

[maxk] 08/12/2003 08:24

Is JT on the board Curry?

[currypasty] 08/12/2003 08:22

Brazilian Diamonds is a natural resources company principally engaged in the
exploration and development of kimberlite diamond properties in Brazil in the
State of Minas Gerais. The Company's shares have today commenced trading on
AIM. Brown Shipley is acting as nominated adviser and broker to the Company.



* Brazilian Diamonds has been quoted in Canada on the Toronto Stock Exchange
since 1990. The market capitalisation is approximately Cdn$88.7 million
(approximately #39.8 million).

* The Company has raised Cdn$4.62 million (equivalent to #2.07 million),
before expenses, from a range of institutional investors, principally in
the UK and Europe.

* The proceeds of the fundraising will contribute to the continuing
development of the "Canastra 1" kimberlite body, to expand the
exploration programme for other kimberlite targets at Canastra and Santo
Antonio, to repay at a substantial discount, existing vendor finance from
an earlier acquisition and for general working capital.

Ken Judge, Chairman of Brazilian Diamonds commented: "As a large percentage of
our share capital is already held by European, and particularly UK based,
investors, an AIM quotation was a logical step for the Company. We are
anticipating that the quotation will bring us a number of benefits including
enhanced liquidity in trading of our shares and an increase in the Company's
profile in the international investment community."