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Gold/Mining/Energy : Napier International Technologies Inc. (T.NIR)

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To: Ginco who wrote (681)7/1/1998 11:09:00 PM
From: xray  Read Replies (3) of 2444
 
Some investors might consider the following information as negative for the stock price:

Full capacity is 1200 drums a month (55 gallon drums) and these drums sell for $1000 U.S. so FULL capacity is approx $14 million a year, U.S. $.

Is this information correct? It doesn't bode well for the current price, since the sales mentioned may be a long way off, or might not be achievable due to competition.
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