Namibian Resources Share Discussion Threads

[maxmol] 14/11/2007 14:24

We are now number 19 in the top 30 list, keep it going.

[ncp3] 14/11/2007 14:19

The Mullah - your not wrong! Might top 15p mid-price this week?

[the mullah] 14/11/2007 11:51

And more coming.

[maxmol] 14/11/2007 11:02

We made it, we are now number 30, 2nd time in 8 days to
be in the top 30 list.

[maxmol] 14/11/2007 10:54

bbbb - The six bagger idea was from the 15p level.

One more tick up and we will be in the top 30 percentage gainers list again.

[bbbb] 14/11/2007 10:02

is the six bagger idea coming round again?

if so, from what price level?

[shadowchaser] 14/11/2007 09:57

NBR--Thanks for the I C article .
Its good reading and what precisely what I expect from this area --

MASSIVE potential --if the harsh and unpredictable weather conditions can be coped with, that is......

-SC

[blues100] 14/11/2007 09:21

Good to see some upward momentum here now. Let's hope it continues and we get into the 20's sooner rather than later.

[bartyboy] 14/11/2007 09:17

Morning Clarky

18 holes a day? Good grief, and a different position each time?!!!

That's what I call endurance:-))

[clarky5150] 14/11/2007 09:11

Another tick up. Good stuff!

[ncp3] 14/11/2007 09:03

Another nice tick up this morning.

Maxmol - thanks for posting the positive IC article!

[clarky5150] 14/11/2007 08:54

Morning Hatto. Yes spoke to him yesterday and all is good. Not so good in my camp with our old mistress but hey ho. Hope you are keeping well and still living the good life on bargain beanz and 18 holes a day.

[the mullah] 14/11/2007 08:51

This could be a winner over the next year.

[hatto] 14/11/2007 08:48

Good morning everyone.

Good to see the share price going north again, the offer is seeming to rise first & then the bid to follow.

I think the next move will be 12.5p v 14p.

Hi Clarky.....Hope Sam is ok on PET.

[clarky5150] 14/11/2007 08:44

Share price rallied 30% in 2 weeks. Looks like people might be waking up to this at last.

[clarky5150] 14/11/2007 08:42

Is that a little tick up i see. Must admit to buying some more this morning.

[maxmol] 13/11/2007 18:35

INVESTORS CHRONICLE - 2 November 2007

Written by : Nigel Bolitho


NAMIBIAN RESOURCES STARTS MINING AGAIN.

" Namibian Resources " share price has halved in a year yet it`s
prospecting and mining one of the richest diamond areas of the world
the " Sperrgebiet " area of southern Namibia. The area was closed
off by the Germans more than 100 years ago and stays closed, but
Namibian Resources has exploration and production rights over 120 sq. km.
and has been given other areas to prospect. But little has been going on
recently. In March 2006 record rainfall turned a desert area into a
giant lake and it has taken a year for the sand to dry out. Secondly
the diamond area is made up of pockets of diamonds and, unusually
consisting just of diamonds and quartz with none of the usual
indicator minerals such as garnets to be seen. And with soft sand
hampering diamond production, much of the last 12 months has been
spent prospecting and sampling.

But there has been more action in recent weeks. The company is now
concentrating on the Salzpfanne prospect where a separation plant
will be sited. Namibian is confident that mining this area will result
in "a significant increase in production" in the current three months
but it could also justify processing plant there on a longer term
basis. On the basis of sample results, this deposit could yield 4,600
carats averaging 0.42 carats per stone. That size of stone is well
ahead of the 0.2 carat figure expected when Namibian went public
via an oversubscribed offer-for-subscription at 15p in March 2004-
even if mining progress is not.

Last I.C. View : Buy 24.75p, 10 November 2006.

TIP UPDATE

BUY


( The management knows that the company needs to expand or be
changed. Still a speculative buy.)
-------------------------------------------------------------------------------------------------


Lets hope a few more people read the Investors Chronicle NBR tip
or even read it here. A few more large buys could start moving us
forward to where we should be. Remember production for the first
3 weeks of October resulted in a total of 417 carats. This consisted
of 888 stones at an average size of 0.47 carats per stone. I believe
this is our largest production for a three week period up by 18.5%.

[maxmol] 13/11/2007 15:52

They must be very short of stock.
The new interest in NBR could be
due to a BUY recommendation in
the Investors Chronicle a couple
of weeks ago.
I will put it on here tonight what
they said about NBR.

[the mullah] 13/11/2007 09:35

08:59 10,000 @ 13.00p Buy

[the mullah] 09/11/2007 17:03

Someone bought 90,000 at 12.5p.

[maxmol] 06/11/2007 18:19

Finished at number 10, lets hope we can
have the same again tomorrow !!!

[blues100] 06/11/2007 17:03

Heading north at last!! Previous posts from me have told how unhappy I have been due to perceived lack of interest from Directors etc while share price dropped from 50p to 10p. Was going to sell my shares....but didn't in the end. Have held since 2004 and topped up since. Let's hope that this new trend continues with the Directors buying and the production that is now in place.

[maxmol] 06/11/2007 14:54

Not quite in the top 5, we are now number 7.

[kablinsky] 06/11/2007 12:14

Diamond dunce here I'm afraid. What sort of revenue does a 1/2 carat stone bring in?

Director support and 200% increase in production is why I'm asking?

Thanks.