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Gold/Mining/Energy : Naxos Resources (NAXOF)
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To: Paunch who wrote (18655)4/23/1999 3:53:00 PM
From: Larry Macklin  Read Replies (1) of 20681
 
Paunch,

I would love to agree with you in your assessment of j/l and MGAU, really i would. But i don't see how that one check from the refinery is "PROOF" of anything. A 50,000 check would be a lot closer to proof but a third party engineering firm saying that the MGAU property is economicly viable is really proof. Of course, if you keep getting checks for 50,000 every week you might not need any other proof. I still say third party proof is the way to go to get financing and to build a real mine. I think it will be more difficult than you think to Boot Strap MG.

All that said.....good luck to you, hope MG goes thru the roof!!!! (naxos too)

Larry MAcklin
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