CONSENT OF INDEPENDENT AUDITORS
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We consent to the references to our Firm under the captions "Financial
Highlights" in the Prospectus and "Auditors" in the Statement of Additional
Information and to the incorporation by reference in this Post-Effective
Amendment No. 25 to the Registration Statement (Form N-1A No. 2-66073) dated
October 27, 1999 of NRM Investment Company of our report dated October 11,
1999, included in the 1999 annual report to shareholders of NRM Investment
Company.
/s/ Beard & Company, Inc.
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BEARD & COMPANY, INC.
Harrisburg, Pennsylvania
June 1, 2000
