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Gold/Mining/Energy : Naxos Resources (NAXOF)

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To: Kim W. Brasington who wrote (7528)	12/18/1997 10:37:00 PM
From: Brian Hutcheson	Read Replies (1) of 20681

Kim , just another thought on feasability of scale up to commercial scale . I imagine one reason some mines cannot go to commercial size operations is the value per ton vs cost per ton . Since Naxos has such high values of both gold and platinum it seems very unlikely that it could not be done on a commercial scale , just in gold values the value is approaching $1000 per ton even at these low gold prices , Brian

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