Brazilian Share Discussion Threads

[currypasty] 09/2/2004 11:27

Check out Hidefield thread (HIF) they are expecting news soon...


Brazilian Diamonds Limited is pleased to announce that drilling is underway on the Cata Preta joint venture property in Brazil. Hidefield plc, the AIM-listed gold explorer, has the right to earn up to an eighty percent interest in the Cata Preta gold project pu
rsuant to the terms of the joint venture agreement signed in September 2003.

The Cata Preta project consists of two exploration licenses covering over 2000 hectares and containing the historic Cata Preta gold mine which lies within the Quadrilatero Ferrifero region of Minas Gerais, reported to be one of the most productive Greenstone gold belts in the world.

The initial Hidefield programme includes six diamond core holes, for a total of 1000 meters, designed to test the northeast extension of the outlined deposit and expand its resource. Initial results are expected in mid-December. Re-evaluation of past work and field mapping elsewhere on the licenses has indicated a significant number of additional untested targets below historic shallow workings, with potential for similar gold deposits. These targets will be tested in follow-up programmes.

The agreement with Hidefield calls for staged work requirements and additional issuances of Hidefield shares over a three year period. Hidefield is presently completing the acquisition of a fifty percent interest in the project through a U.S. $750,000 work programme to be carried out by December 2004 following the recent issue of 26.5 million shares of Hidefield to Brazilian Diamonds Limited.

Brazilian Diamonds has substantial corporate and technical infrastructure in Brazil and now as Hidefield's largest shareholder and partner in the Cata Preta project, it is providing Hidefield with administrative and technical support to enable this early commencement of the exploration programme.

Commenting on the progress to date, Brazilian Diamonds Chairman, Kenneth Judge stated, 'The commencement of the drilling on Cata Preta marks the beginning of a new and potentially exciting phase at the Cata Preta property. The Brazilian Diamonds infrastructure in Brazil has enabled Hidefield to start this exploration activity much more quickly than would otherwise have been possible. We are optimistic that the results of this drilling will add to both the present gold resource and our understanding of the geology of the project area which is surrounded by a considerable number of past and present gold mining operations'.

[currypasty] 09/2/2004 11:18

New advisor and broker... corporate action afoot ?

you can still buy at below the placing offer price, but only till punters wake up to this 'sparkling diamond play'

[currypasty] 09/2/2004 10:54

RNS Number:1026V
Westhouse Securities
09 February 2004

Westhouse Securities LLP ("Westhouse")

Change of adviser

9 February 2004



Westhouse announces that with effect from today's date it has assumed Brown, Shipley & Co.
Limited's corporate finance and corporate broking business and consequently acts for the following
companies in the capacity indicated:

Airbath Group plc Nominated Adviser and Broker

Ben Bailey Plc Financial Adviser and Broker

Bertam Holdings PLC Nominated Adviser and Broker

BKN International A.G. Broker

Brazilian Diamonds Limited Nominated Adviser and Broker

Cambridge Mineral Resources PLC Nominated Adviser and Broker

[currypasty] 06/2/2004 17:34

Still a difficult stock to get hold of.. all the better for adding while quiet !

[schober] 05/2/2004 22:22

no glitches - checked trades!!!!
can only guess it was a tip sheet "take profits" recomendation;
lack of response here is odd, however most of drop has been recovered

[rickja] 05/2/2004 13:01

I first bought this share (Blackswan) in the early 90s (1000 at CAD2.50), when it showed much promise. However this was never realised,and then BREX scandal effectively screwed the junior mining companies (coupled with gold falling down to 260 usd oz). Having refocused their attention to diamonds I have since accumilated more-the last being 70000 at 31cts. It seems that news of progress over the last 6months or so, + venture capialist funding and aim listing are again making this interesting again. Their visibility seems to be much better than most Canadian mining co's.
Hopefully -this one will vindicate a few of the other disasters in my portfolio!!
Good luck all .

[m.t.glass] 05/2/2004 02:03

Not yet listed or charted on Sharescope as far as I can see. I know they sometimes don't do so with newer floatations until asked - and then tend to only start graph from the next weekend.

[currypasty] 02/2/2004 09:03

perhaps there was a glitch on the graph... no sign of any fall here

[schober] 30/1/2004 20:13

anyone know why tese dropped 25% yesterday? recovered a little to 70c today. cant find anything on stockhousse bb.

[currypasty] 23/1/2004 18:40

thats exactly what i was thinking!!

plus keeping an eye on tx listing may give you an indication where price will go here.

[glennborthwick] 23/1/2004 18:37

think id buy in canada they seem cheaper there

[currypasty] 15/1/2004 17:23

The majority of trades seem to be large and near the mid price. Let us know how you get on glenn!

[glennborthwick] 15/1/2004 17:12

had trouble buying these today with comdirect

have to try tdw

[currypasty] 14/1/2004 16:06

no, pitty, got a few more WSS instead, and with HIF up, BDY looking better, and SFU running, I hope the next nav rns will jump the price again.
well done on hif !

[burbelly] 14/1/2004 16:01

curry did you get some HIF?

[glennborthwick] 12/1/2004 18:55

yep
one thing putting me off- looks 10% cheaper to buy in canada than here

[currypasty] 12/1/2004 18:51

dont mention BDL to AR, up to now its been very peaceful, and civilised on here!

[glennborthwick] 12/1/2004 18:41

World rough diamond prices set for rise



SOUTHDALE, South Africa, Jan. 12 (UPI) -- Strong U.S. demand will keep rough diamond prices moving up this year, as they did last year, the world's largest diamond producer said Monday.

De Beers, the South African mining group that owns 60 percent of the world's diamond market, said strong Christmas jewelry sales in the United States drove prices in 2003 up 10 percent, with more of the same expected this year, the Financial Times reported Monday.

"We recorded an 8 percent increase in diamond consumption in the fourth quarter of 2002 and figures for 2003 are set to be as good or better," a spokesman said.

More than 80 percent of diamond jewelry is sold in the United States, and one-third of that is sold between Thanksgiving and Christmas.

[glennborthwick] 12/1/2004 18:36

Tue Dec 16, 2003
Brazilian Diamonds Completes Payments on Acquisitions

--------------------------------------------------------------------------------

Brazilian Diamonds Limited (previously Black Swan Resources Ltd.) is pleased to announce that the final payments have been completed on two, previously announced, acquisitions in Brazil and the Company now has no outstanding purchase payments to be made on any of its properties obtained over the last several years.

On July 30, 2003, the Company announced the acquisition of Canabrava Diamond Corporation's assets in Brazil for an aggregate cost of US$225,000. These assets include diamond exploration licenses covering approximately 35,000 hectares with prospective kimberlite and a geophysical and sampling database as well as some equipment and office and laboratory equipment. The final payment of US$75,000 has now been made, with Canabrava maintaining minor royalties as outlined in the July 30 news release.

In February, 2001 Brazilian Diamonds entered into an agreement to purchase all of South Atlantic Resources Ltd.'s wholly owned Brazilian subsidiary, Cobre Sul Mineraçáo Ltda. Cobre Sul's primary asset is the licences along the Santo Antonio do Bonito River where many large stones have been recovered historically, including the 727 carat Presidente Vargas.

Originally, the agreement was set for Brazilian Diamonds to pay US$1.5 million to South Atlantic over 4 years with the final payment to be made in March, 2005. To date, Brazilian Diamonds had paid US$475,000 in two instalments. The final payment was re-negotiated at a substantially reduced price of US$700,000 to be paid on December 15, 2003. This payment has now been made and completes the acquisition of Cobre Sul for a total cost of US$1.175 million.

[glennborthwick] 10/1/2004 23:16

thinking of piling into these

be a nice partner to river diamonds

[currypasty] 02/1/2004 10:09

32 - 34

that dip a couple of weeks ago was a good buying op! BDY seems very illiquid, and tightly held.

[currypasty] 16/12/2003 09:24

Now 27 - 30

Thanks burbelly, the BDY / HIF tie up does sound interesting. I shall get a few HIF, and see how things pan out. BDY looks too weak to buy just yet, as you say no support yet.

[burbelly] 16/12/2003 03:08

Ken Judge who is on the BDY board has recently been made a director of HIF as well. He spent some 29k last week oh HIF shares.