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Gold/Mining/Energy : Namibian Minerals Corporation

NMR 7.060

+1.4%

3:59 PM EST

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To: George J. Tromp who wrote (35)	4/19/1999 1:17:00 AM
From: Douglas Freeman	Read Replies (1) of 124

The big drop in diamond prices coincided with the Asian markets collapsing. Now as I look tonight, outside of Japan the Asian markets are soaring, and have been soaring. So lets say it would be conservative that with NMCOF just earning 14 cents, that they only earn .30 the next 9 months. .44 x 20 = $8.80. That's my estimate for year end. It's very possible this is way too conservative. ID

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