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Gold/Mining/Energy : Naxos Resources (NAXOF) -- Ignore unavailable to you. Want to Upgrade?

To: mark silvers who wrote (9914)	3/13/1998 10:48:00 AM
From: Richard Mazzarella	Read Replies (1) \| Respond to of 20681

Mark, <<Does that sound rational?>> Of course. Backward extrapolation from recovery of the GPGI ore pile has shown anything from 3-8 OPT. I guess my main point is that even with that ore pile they can't make a business after a very long time. COC doesn't enter into it since I am not considering stock prices here, just the ability to make money. Physics is physics, so much ore goes in and so much metal comes out. They can't make money. CHIP is on the same playa as Naxos and there was even information from Dr. Groves (remember him?) that CHIP had as good if not better dirt than Naxos. I could go on, but I'll just piss everyone off. I'll leave it for some of you geologists types to work it through. I liked your earlier post today, well balanced IMO. All these dirt's are EXTREAMLY risky, only risk capital should be used. (Sound like a future's dealer?)