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Re: eibbanker post# 20515

Saturday, 08/14/2004 3:21:06 PM

Saturday, August 14, 2004 3:21:06 PM

Post# of 29858
Im sure Zales didnt start out with 2 billion in annual revenue,gotta start somewhere...and the P/E is irrelavent at this point nobody jumped on this stock because they believed NSDM sole focus was online diamond sales most of the earnings will be plowed right back into our exploration budget,its only a tool to rake in funding for future exploration cost,i dont know where you come up 3 years to break even because i know we didnt dump 1.5 million into this sales project and when i consider 3-4 years down the road the possiblity of 7 to 14 million in sales combined with their exploration projects(which you fail to factor in,and why were actually here) its well worth .03 cents a share to me...bottom line your betting on their exploration success not online diamond sales..
i wish you would explain why a fortune 500 banker like yourself would be intrested in this stock when you claim "its not worth the current valuation for a long time to come"im sure your not here for your health....







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