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Gold/Mining/Energy : NAMBIAN MINERALS [NMCOF] -- Ignore unavailable to you. Want to Upgrade?


To: Douglas Freeman who wrote (9)6/1/2000 2:53:00 AM
From: Douglas Freeman  Respond to of 10
 
Still buying more. Just reading about the war in Sierra Leone & the government's plans to retake the diamond mines from rebels. Diamonds are actually SL's chief source of hard currency. Obviously production could be interrupted, and the surge in diamond prices may be partly anticipating this. At any rate, if NMCOF can even approach their production target & with prices having risen so much already, I don't see how there aren't going to be some big earnings coming. The war in SL is starting to get some press, got a mention on the front of the 5/31 WS Journal, so if NMCOF pops in the near term that's probably the reason. Kinda nice to have a cartel like DeBeers on your side too. ID