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

To: Dogger Bal4 who wrote (28)	3/16/1999 8:42:00 PM
From: Douglas Freeman	Read Replies (1) \| Respond to of 124

Ahhh, nice day. I only just bought this thing so I'm jumping for joy. One of the things I liked about this stock was you could hear a pin drop in here. The diamond market could not be much worse & this company still earned 7 cents it's first 7 months of operation. Now Asia is picking up again, and I think today someone was just taking a stake. One big burst of buys in the middle of the day, then silence. In the long run, an eps of 30, and say a stock price of 10 is reasonable, but for this year 5 is a realistic target. Since the diamond market is basically a monopoly, you can bet very nicely on a rebound in prices (NMCOF has a contract with DeBeers). Welcome to newcomers as they arrive. ID