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Gold/Mining/Energy : Nora NXI on ME
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To: Hesham El-Adly who wrote (296)2/9/1999 10:42:00 AM
From: John Stella  Read Replies (1) of 420
 
DN,

There are many ways to finance our operations, management is looking into every avenue available.

The President is presently in Africa, where he attended 4 important meetings, all are very bullish on our deep-water concessions. One of the meetings was held with a high profile person presently involved in the diamond industry. He mentioned to Mr. Leveille that he was well aware of the potential of our Namibian Gemstones concession. He also stated that over many millions of years the course of the Orange River changed approx. 3 times and that during the highest diamond flow period it flowed directly in the direction of our concession.

Things will not happen overnight, however, I've said it in the past and I'll say it again: At these prices Nora is one of if not the best buying opportunity on the Montreal exchange.

Regards,

John
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