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Gold/Mining/Energy : Solv Ex (SOLVD)
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To: norwalk hawk who wrote (2580)4/16/1997 8:09:00 PM
From: Larry Ricker   of 6735
 
Mike,

A tour -- useful though it may be -- doesn't prove much except that the plant exists. For example, Bryant Avery reported that the plant was started up especially for his tour. Thus, the big questions are left hanging:

1) what is the sustainable production rate?
2) is the plant generating significant waste, or is it a closed system?

You can't answer those from a short-term demo run.

Lacking data from long-term testing, the best one could hope for is a gut feel, which may be good enough, but it's not hard evidence.

Bob,

I can't comment on the qualifications of either of the analysts in question. I don't know either. All I know of Asensio is through his releases. Same for the other SOLV analyst.

Anyway, that wasn't my point. My point was very simple: the fact that an analyst is willing to go out on a limb doesn't mean that they're right. That's been proven by so many examples that you can't possibly disagree (can you??)

Regards,

Larry
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