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Gold/Mining/Energy : Namibian Minerals

NMR 7.140

+0.2%

Nov 3 3:59 PM EST

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To: Dogger Bal4 who wrote (10)	8/8/1997 8:21:00 AM
From: Marty Leder	of 11

Hi...The boat has been completed & delivered already. Mining should begin sometime in Sept. I believe that one of the reasons for price decline is extremely low volume. Also, there is no reason that by year end we should not see $9 cdn, at the minimum. I have been buying now at these low prices as I have every confidence that this is a stock to go into the year 2000. I believe, based on prior history, you are looking at the low right now... Good luck, Marty

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