Nora NXI on ME Message Board

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Gold/Mining/Energy : Nora NXI on ME

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To: salexa who wrote (312)	3/18/1999 11:46:00 AM
From: John Stella	Read Replies (2) of 420

Steve, Too bad you were unable to attend the AGM, the visual presentation of the Namibian Gemstones concession was excellent. Those who attended were able to grasp the enormous potential of deep-water diamond mining. Once you factor in all the available historical geological and geophysical data, one comes to the conclusion that there is a very high probability that we are "sitting" on a world class deposit. The data pertaining to the seafloor characteristics is consistent with other discoveries in the area. However we will have a much better idea once the second phase of exploration is completed. Regards, John

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