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Gold/Mining/Energy : Nuvo Research Inc

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To: axial who wrote (12147)	2/24/2003 1:21:11 AM
From: russet	Read Replies (2) of 14101

I have little to say here on this subject except that J&J was one of the big experimenters with DMSO in the sixties,...reflect on that and realize that DMSO mixed with a pain killer may be as effective as Pennsaid,...the Pennsaid patent cannot protect against many similar mixtures being developed and marketed. You should think long and hard as to why J&J does not take out DMX right now for peanuts given what the projected market penetration and sales are for Pennsaid if they could capture 5% of the known market,...it makes no sense that the stock trades at its current level. This is for Claude,...imagine a 1 million oz Au/yr mine with $60-100 total cost per oz. Reserves are 10 million oz and open in all directions,..Europe, Canada etc,... The major could pick this up for $100 to 200 million or $10-20 per oz and capex is a couple of hundred million,... Now they tell me that no mayor is interested enough to make an offer, and no one really knows why??? C'est la vie!

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