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Gold/Mining/Energy : Namibian Minerals Corporation -- Ignore unavailable to you. Want to Upgrade?

To: PHILLIP FLOTOW who wrote (99)1/23/2000 6:11:00 PM
From: Dan P  Respond to of 124
 
Phil:

Yes, I saw that as well. The 2 million share block looked like a swap, because
the stock didn't move until after that trade, as you point out. Nevertheless,
looks like big money is getting into this one. After all, for the long
term investor interested in growth companies in the natural resource sector,
NMCOF is certainly one of the best. I'd like to see the stock carry through
higher, though, to assure that Friday's move was for real.

Cheers

Dan



To: PHILLIP FLOTOW who wrote (99)1/26/2000 8:45:00 AM
From: Dan P  Read Replies (1) | Respond to of 124
 
Phillip:

In addition to the Merrill Lynch report, Nesbitt Burns has also rated the stock
at a 4 level, as part of a 15 page report.

Also, Namco is being added to the TSE 300 index on Feb 18.
Nesbitt's targe is US $9, which seems likely to be attained this year.

I think this helps explain the increased volume in trading.

Regards

Dan


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