Napier International Technologies Inc. (T.NIR) Message Board

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Gold/Mining/Energy : Napier International Technologies Inc. (T.NIR)

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To: Bob Staaf who wrote (8)	4/9/1998 12:28:00 PM
From: j.oil	Read Replies (1) of 2444

Hi Bob I have just started following NIR.I don't know if you are familiar with Neil Maedel's nini cap analyst, he has a very large following.On Tuesday he but out a fax bulletin issuing a strong buy recommendation up to a dollar.He states that the chemicals now being used to strip paint on planes methylene chloride faces a reduction from 500 ppm to 25 ppm in the work place effective April.He also states that this chemical will be banned in august. Maedel states that sales for the next fiscal year could easily hit 8 mil cnd with his number crunching and using a pe ratio of 30 we could see a share price of $2.88. These figures are based on civil aviation sales only,these numbers do not reflect the possibility of military contracts which could lead to much higher numbers regards j.oil

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