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Gold/Mining/Energy : Nora NXI on ME

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To: JDR who wrote (306)3/11/1999 11:02:00 AM
From: John Stella  Read Replies (1) of 420
 
JDR,

By looking at the market this morning, its apparent that the investors who attended liked what they heard. In essence our main goal will be to focus on the Namibian Gemstones concession. Of major importance is the confirmation from the Namibian Ministry of Mines and Energy that Nora holds title to the present 40% interest and that we have their permission to increase our position to 80%.

The Otjua "situation" was also discussed, nothing new to add at this point in time other than we are still awaiting the outcome of the negotiations between Diaz Point and Namdeb.

For a full update, give me a call toll-free: 1-888-666-3431

Regards,

John
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