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Gold/Mining/Energy : Namibian Copper Mines Inc.
NCMI 4.130-4.7%Nov 6 3:59 PM EST
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To: KipferlMeister who wrote (2)1/25/1997 1:42:00 PM
From: C L   of 154
 
Yep, it's boring and the MM spreads are high but have little relation to the reality of what the company will be like pretty shortly. The float is tiny and that causes problems until the buying comes in. This company will be owned by institutions primarily in S. Africa and Namibia. Here's something to think about: When this project goes on-line --the GDP of the entire country will rise by 50 %. Hang in there, Michael.

C L
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