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

To: Larry Macklin who wrote (13523)6/13/1998 10:39:00 AM
From: soxan  Respond to of 20681
 
Hi Larry,
Thanks for your quick response, and wow!! hope you are right.
I do not know when the 50,000 shares were sold either, sorry.
Ok, who else would like to step up to the plate and give it a try?
soxan

Ps It was fun to read also, thanks again



To: Larry Macklin who wrote (13523)6/13/1998 4:06:00 PM
From: Charles H Donahue  Read Replies (1) | Respond to of 20681
 
Larry, I assume that you calculated at 150'depth. Although not assayed beyond 150' , I believe that the sediments are 300'+ in depth thereby doubling your estimates. Even given 40m shares, using 300' would make a $26 price. Not bad for a small section of the playa. In any event this should prove out the validity of the dirt and the worthiness of going ahead with the project.


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