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Non-Tech : Northern Empire Minerals (NEM.V)

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To: TheSlowLane who wrote (5)5/22/2003 12:23:58 AM
From: Elizabeth Andrews  Read Replies (1) of 92
 
NEM is a speculative opportunity that only comes along not often enough, in my view. The market cap of the combined companies is C$72 million, which puts the newco company in the top 20 on the TSX-v.

That's good and bad. The bad is if the whole 7 million acres turns out to be dust, the market cap will be zero and you'll lose all your cash.

The good is that they will control a district that has commercial diamonds of grade, size and color. Then it could have a market cap of billions. Speculators of the world, unite! You have to own this newco! There is no company like this in the world. All the big players who missed Aber, Diamet and Diamond Fields have to own this stock in the next few months.

Buy it now, sell half when it doubles and hold the rest for your estate.
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