Naxos Resources (NAXOF) Message Board

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Gold/Mining/Energy : Naxos Resources (NAXOF)

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To: GlobalMarine who wrote (8748)	2/2/1998 11:19:00 AM
From: carl	Read Replies (1) of 20681

Rand - Thanks for sharing your analysis of how NAXOS might be valued at some point down the road. Your comment at the end of the post that NAXOS may only be able have a plant in the 500 - 1000 TPD size caught my attention. I believe others have stated that a 10,000 TPD plant had been discussed by management as feasible. Can anyone tell me if my memory is accurate on that? Also, can we get some more input on this. Tom, do you know how big concrete operations get? Sounded like you feel the recovery process would be similar and I thought, perhaps, you might have some first hand knowledge re: scale of operations. Do others think that NAXOS would have to start with a smaller plant and expand over time due to financial and/or logistical constraints? Thanks. Carl

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