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Gold/Mining/Energy : Naxos Resources (NAXOF)
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To: jlallen who wrote (14889)7/28/1998 10:01:00 AM
From: mark silvers  Read Replies (1) of 20681
 
Last I heard Venezuela was break even. The salries dont add up to hundreds of thousands of dollars a month that people were throwing around. The lawyers are probably the biggest expense, but I dont think that the trial and the case is ongoing on a daily basis. By far, the single largest expenditure was the multiple lab testing and the drilling.

With just under 2 million in the bank, the salaries and legal fees wont eat it up in three months like David Snow was saying.

Mark

I am going to have to be off-line for awhile, so you will have this thread to yourself for awhile:-)
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