Namibian Resources Share Discussion Threads

[ncp3] 23/5/2006 18:52

Can someone please advise me who the main MM's are for this stock?

[mgn1] 20/5/2006 18:35

agree with you ncp3 also would like thank maxmol keep it coming ,saves me phoning TC.

[ncp3] 20/5/2006 14:26

maxmol, thanks for the update!

mgn1, I'd just like to echo your sentiments and lets hope the publicity helps us recover the recent lost ground on the share price and begin to build on the fact that NBR is actually a profitable diamond miner that has sooooooo much upside!

[mgn1] 19/5/2006 20:59

about bloody time ,now we should start pushing up tpwards those highs again .i get so frustrated when good companies dont get the right reconition ,maybe the tide we actually turn here,

good luck all

[maxmol] 19/5/2006 17:59

WE HAVE MADE PRINT AGAIN!!!!WE HAVE MADE PRINT AGAIN!!!!

The Investors Champion.

SHARES MAGAZINE.

Dated 18-24 May 2006

Momentum Dozen

Shares uncovers the early-stage plays showing
relative strength for this summer and beyond.

A specky diamond miner and production problems are
not a good mix, so no wonder Namibian has struggled
to win fans. That`s set to change dramatically,
however, thanks to its first-ever half - year profit
in October, promising a full - year run into the black.
This change of fortune is largley thanks to much higher
sales - showing a 14-fold jump at the interim stage - and
larger gems at West Saltztal, where the average stone size
rose from 0.15 carats to 0.58 carats and has since improved
to 0.66.
Namibian is now mulling the installation of a second
10 ton/hour dense media screen and an additional in-field
screen at West Saltztal by the end of this year. It also
plans to resume exploration at East Saltztal in the near
future and good progress here could really turn the shares
into little sparklers.

We now have a second in-field screen.

www.namibianresources.com

Please dyor.

[brakoll] 18/5/2006 23:33

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[sunshine57] 18/5/2006 23:02

True - But it is because of the USA economy news and other world that has made all the mining and oil shares drop so much this week. Pretty sure they will be up again before long...people get 'twitchy' and some bail out, which causes more free-fall. Trouble is when I did that once...I never got back in before the share price rocketed and I lost out a stinker! That's life...but one learns not to panic! Good luck everyone!

[ncp3] 18/5/2006 19:40

count me in also, although its bloody disappointing to see our recent gains lost over these last few days!

[scarlet149] 18/5/2006 17:10

and me for what it is worth!!

[mgn1] 18/5/2006 12:37

with you all

[frank1e] 17/5/2006 23:59

same here sunshine ;-)

[sunshine57] 17/5/2006 22:27

No chance of that Maxmol --- held these for too long to go now ---

[maxmol] 17/5/2006 17:51

Please be advised DON`T sell your shares, they are now mining the East
Satztal area, this being a very rich source of diamonds and the area being
dry ( with no ground water ) which will make production a lot easier. During sampling they have been getting out an average of 14.8 carats per 100 tons of screened gravel,of which the average size being 0.66 carat. A total of 219 stones were recovered including 31 between 1&2 carats, 4 between 2&3 carats, 1 stone of 3.635 and 1 stone of 6.64 carats. Two screens will be operated on
East Salztal whilst the West Salztal is being drained after which both resources will be mined in tandem and a second 10 ton/hour dense-med plant may
be purchased later this year if justified.
We should also be getting news regarding the promising areas for additional
concessions that have been identfied and negotiations for these acquisitions
are still ongoing and hopefully will be completed some time in the future.
The next quarterly report should be within the first two weeks of June.

www.namibianresources.com

Please DYOR.

[maxmol] 16/5/2006 00:53

I also know of another 5% that are tightly held by a number of people.

[mgn1] 15/5/2006 20:42

ncp3
thanks for that .i know of 7% outside of whose holders and they have no intention of selling.

[ncp3] 15/5/2006 18:42

mgn1, in regard to your comment about this stock being tightly held - I have calculated that the 12 largest shareholders (including directors) control roughly 42.5% of the share capital of NBR.

[mgn1] 13/5/2006 10:34

as i understand it this stock is very tightly held ,all we need is to get rid of the shakey holders and any good news this could rocket ,i cant see wher the stock would come from cause ther not have mine.good luck and anything you hear would be much appreciated

[ncp3] 12/5/2006 19:54

mgn1 - I'm glad that you agree with my observation that this stock is indeed undervalued; there is significant upside to be had, its just a matter of when? Regarding the rollcoster-ride, hopefully the dips are now behind us and its onwards and upwards for those that have held on tight so far!

All things considered with the recent gains, I think we did well today to only drop 1p.

[maxmol] 12/5/2006 01:33

Agreed Sunrise Diamonds (SDS) doubled over the last few days but they are not producing diamonds as yet. Remember that only one in five kimberlitic pipes
turn out to contain diamonds and only ONE percent prove to be economic.

Whereas we are producing diamonds weekly and from March we have started in the East Saltztal area. Where during sampling we have been getting out an average of 14.8 carats per 100 tons of screened gravel. The average size of diamond during this sampling was 0.66 carat. Two screens will be operated on East Saltztal whilst the West Saltztal is being drained after which both resources
will be mined in tandem. This should enable the DMS plant to be operated at
80 to 90 percent capacity on a full 10 hour day shift, therefore increasing our
diamond output.


DYOR.

[sunshine57] 11/5/2006 21:34

Sunrise Diamonds (SDS) has doubled over the past few days...

[mgn1] 11/5/2006 21:27

upside !!!!if i have ever seen an undervalued stock its this.this is just my opinion .so not a ramp dyor.ill start getting out in the 3figures but i think its going to take a year or so.not only is this baby getting them out its making cash ,can anyone think of ant other diamond co that are profitable on aim.

good luck all and i hope you can handle the rollercoster

[ncp3] 11/5/2006 17:23

We closed at number 15 in the top percentage gainers list today!

The quarterly 'progress report' is due in June, but with the recent strong showing there could perhaps be something going on in the background or more realistically people have finally woken up to the fact that NBR are one of the few AIM-listed miners that is actually recovering diamonds every day and that the 6.6ct diamond pictured on the website could just be the start of great things to come......and lets be honest, even at this closing price there is significant potential upside!

DYOR.

[maxmol] 11/5/2006 11:08

Opps number 10 now.

[maxmol] 11/5/2006 10:26

Now number 5 up up and away, keep going.
DYOR.