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Gold/Mining/Energy : Diamond Fields International Ltd. (DFI.T) -- Ignore unavailable to you. Want to Upgrade?

To: John Thomas who wrote (76)	1/25/2000 11:41:00 PM
From: Dan P	Respond to of 141

John: I couldn't agree with you more. I don't know if you have noticed that Namco has had big volume recently, and has received a Merrill Lynch write up. This part of the diamond sector is getting a lot of attention. By the way, nice pop in the stock today. Looks like it is headed a lot higher. Regards Dan

To: John Thomas who wrote (76)	1/26/2000 10:53:00 AM
From: Dan P	Read Replies (1) \| Respond to of 141

John: DFI up again this morning. I just received Merrill Lynch and Nesbitt Burns recent reports on Namco, and they are quite positive. Namco bought ODM, an African off shore diamond mining company for about US $63 million, and they are now the number 2 off-shore diamond producer in the world, after De Beers. The amazing feature is that it is estimated that the off-shore diamond deposits are something like 4 fold the resource that exists on African land. In short, it appears that the offshore diamond mining is rapidly becoming the dominant source of production, particularly in Africa. No question that Diamondfields is litteraly sitting on a gold mine (or should we say diamond mine), and with Namco the technological leader in the field it would be logical fo them to combine in some way. Acquiring Diamondfields is going to be a lot more expensive than ODM was,however, for Namco. What is not well appreciated by investors in this sector, is that the finest quality diamonds in the world (hence getting the highest price per carat) are exactly where Diamondfields concessions lie. Regards Dan