SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Gold/Mining/Energy : MXR MAXIMUM RESOURCES INC. (VSE:MXR) UP?
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: J. Nelson who wrote (117)3/16/1997 6:53:00 PM
From: Mike McAllister   of 751
 
To All,
Let me let me get this straight.
There is 50,000,000 metric tons of 2% copper at Mina Claudia.
That would be 1,000,000 metic tons of pure copper of which
MXR would own 20% or 200,000 metric tons.
Every share of MXR would be worth .02 metic tons or
44 pounds. So for 35 cents you can own a minimum of 44 lbs
of pure copper. What is the value of 44 lbs of unprocessed copper????

Isn't gold also a by-product of copper refining?????

No wonder why the CEO of MXR bought 10% of the shares.

Please check my math, it's been a few years since grade school.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News