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Gold/Mining/Energy : REX DIAMOND MINING TSE:RXD -- Ignore unavailable to you. Want to Upgrade?

To: George J. Tromp who wrote (1770)	10/14/1999 7:06:00 AM
From: Bob Fairchild	Read Replies (3) \| Respond to of 2522

Hi George - Canaccorde doesn't like being out of the loop when it comes to pushing paper - with respect to Rex they will just have to sit in the corner with Teevee and wear one of those concial dunce caps. Interesting interview on Kanaal Z (Belgian financial television channel). They had a video release of the Kimberlite discovery in Mauritania showing digging and analyzing - Dr. Rombouts claims that Rex will double the annual revenue of the Mauritania Government in the next millenium from their diamond operations in their country. I checked the Mauritania web and it indicates revenue of $329 million U.S. for 1996 with gross domestic product of 4.1 billion $ U.S. Let's see, if they raise $329 million U.S. for the Government annually, how much will that leave the company ? Divide that amount by the number of shares and multiply by some suitable P/E and we are all stinking rich ! Bob