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Gold/Mining/Energy : Diamond Fields International Ltd. (DFI.T)
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To: John Thomas who wrote (67)12/26/1999 8:49:00 AM
From: Dan P   of 141
 
John:

I am a shareholder of both Namco and Diamondfields.
Certainly, I like both companies for the long term.
Could you amplify on your valuation of Diamondfields
as compared to Namco. I have a little difficulty with
that as Namco is actually producing, and Diamondfields
has a way to go before they start.

From my viewpoint, judging upon what Namco has done,
it would seem to me that Namco would be the more likely
acquirer, and Diamondfields the acquiree (if there is such
a word). I heard Namco's presentation a little over a month
ago in Chicago, and they are an impressive company indeed,
as well run as any a mining company I have ever known.

Regards

Dan
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