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Gold/Mining/Energy : Nora NXI on ME -- Ignore unavailable to you. Want to Upgrade?

To: John Stella who wrote (331)	5/21/1999 11:23:00 AM
From: John Stella	Read Replies (1) \| Respond to of 420

TO ALL READ CAREFULLY< NORA IS NEXT!!!!!!!! Friday, May 21, 1999 Bullish report revives interest in Diamond Fields Stock surges 51% Keith Damsell Financial Post The shares of Diamond Fields International Ltd. burst to life yesterday, gaining a sparkling 51%, thanks to a bullish report in a California Business investment newsletter. Shares of Vancouver-based DFI (DFI/TSE) climbed 40¢ to a 52-week high of $1.18, following a favorable review in the May 18 edition of The Gold Mining Stock Report. The stock's 52-week low is just 18¢. Investing Report editor Bob Bishop described DFI as "a strong buy," a recommendation that seemed to spark plenty of market activity. Growing Vancouver-based brokerage Haywood Securities Inc. crossed more than 250,000 DFI shares and brokerages Canaccord Capital Corp. and CT Securities Inc. also were active in the market. More than 455,000 shares changed hands, up 25% from average daily volume. "There's nothing happening within the company," said Horng Dih Lee, DFI's chief financial officer. DFI controls leftover exploration assets of Diamond Fields Resources Ltd. DFR discovered the Voisey's Bay nickel find that was sold to Inco Ltd. for $4.3-billion in stock three years ago. DFI owns diamond exploration properties in Namibia and South Africa. In April, MIL, a private investment firm owned by Jean-Raymond Boulle, former co-chairman of DFR, increased his stake in DFI to 27%. The confidence vote and recent diamond sales in Belgium support the conclusion that DFI may mine its offshore concession in Namibia, Mr. Bishop says. Analysts said some glad-handing by Daniel Johnson, DFI chief executive, may have helped shares, too. Mr. Johnson was spreading the DFI word on Bay Street yesterday.