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Gold/Mining/Energy : ORXX - Orex Gold Mines Corporation -- Ignore unavailable to you. Want to Upgrade?


To: Ga Bard who wrote (1495)9/1/1999 1:31:00 PM
From: Richard Mazzarella  Read Replies (1) | Respond to of 2392
 
Gary, <<Gas evaporates. Water evaprorates.>> So does lacquer thinner, but you violate EPA rules doing so. I suspect that the intent of any leach is to recover as much as possible and neutralize the remainder for environmental reasons. BTW there are a number of other environmentally safe leaches. IMO if Haber has anything it has to be the low cost spread, or there's not much value. Tim sandbagging us and having a little fun. Don't over react.



To: Ga Bard who wrote (1495)9/1/1999 4:54:00 PM
From: Zeev Hed  Read Replies (2) | Respond to of 2392
 
GB careful with those compounds that evaporate, Mercury (an element used in the past for extracting gold) evaporates, so do all the HFC (nasty little Ozone layer eaters), and the list of substances that evaporate but are nasty is quite large. What is the active ingredient that cost only $8/ton of processed ore?

By the way, I asked here, in hope of getting a response, and since you talk to the company often, maybe you know, what is ORXX' burn rate and how much cash do they have on hand. If they do not have green stuff (you always need some green before it turns to yellow), how do they intend to get their hand on some? Most companies do that by trying to get a "resource valuation" on the basis of which they can borrow or otherwise find the funds. What are ORXX plans in the field of financing?

Zeev