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Gold/Mining/Energy : Solv Ex (SOLVD) -- Ignore unavailable to you. Want to Upgrade?

To: Mama Bear who wrote (5796)	7/16/1998 11:49:00 AM
From: bigtoe	Read Replies (1) \| Respond to of 6735

>>> I'm not sure that incompetent people walk off with 7 figure paydays like Rendall did, while leaving the shareholders holding the bag.<<< I called my secret SOLV informant...Natalie...this morning and asked if a Mr. John Rendall was employed by SOLV. "Yes" came the reply. Ho ho, I thought, I'm gonna nail Barb on this one, yes siree....after a slight pause, I once again seized upon my uncanny ability to trick poor Natalie into telling me more than her E-4 Security Clearance Level would allow.."what is his title?" I asked. I could tell that she realized I had her cornered ...cornered like a over-sized cockroach in an Orkin Man Training seminar. I could tell she was fighting the urge to hang up but she knew that there was no use hiding the truth anymore...she had to tell the world once and for all. "P-P-P-President" she said. And with that she broke into tears and hung up. "Poor girl", I thought "one day I'll make it up to her." But I knew I was lying to myself, after all the thread is my life and it's no place for a 'babe' like Natalie. , But that's OK, I had the information I came for...and that's all a guy like me cares about. But what could it all mean?? Why would this guy still be around? I mean Barb said he swindled the company for 7 figures and walked off. If I swindled a cool million or more, I'd be St. Thomas....in Sapphire Bay...in a chase lounge...with coconut oil all over me...with a tall drink.... with a little multi colored umbrella in it....or maybe Aruba...yeah Aruba.... The point being: The very last place I'd be is back in the stuffy office of the company I'd swindled meeting with, and taking calls from, the SEC, analysts, shareholders, Koch executives, UTS execs, a zillion attorneys, a trillon creditors, accountants, Rasio execs, some dudes from Venezuela and their attorneys and accountants et al while I simultaneously carry the company out of bankruptcy and if that is not enough I had guys named 'bigtoe' hittin' on my secretary..... Barb,I give up..... you're right, Rendall is incompetent! : ) regards, bigtoe

To: Mama Bear who wrote (5796)	7/19/1998 6:37:00 PM
From: mqmsi	Read Replies (5) \| Respond to of 6735

Barb, You say the longs of Solv-Ex refuse to see the reality that has been proven. I have asked both you and Sid to give the technical reasons why the process doesn't work, without an answer, most likely because you don't have one. But I have some information that I'd love to have you comment on. There is a posting on Asensio's web site dated June 16, 1997 that you should read again. I'll explain why I think it does the opposite of what Asensio intended. Chemical separation processes take advantage of the fact, that if you subject two or more items to the same environment, that there will be a physical factor that will cause them to separate. A simple example is the boiling of salt water. You simply raise the temperature of the solution to a point where water evaporates, but the salt remains behind as a solid. I am not privy to Solv-Ex's technology, but I can give you a possible scenario of what they might be doing. Solv-Ex may be using the fact that oil is not soluble in, and less dense than water, along with the fact, that the tailings are not soluble in, and more dense than water. If you put the tar sands in a boiler and heat it to a sufficient temperature, the bitumen would become less viscous to a point where it would separate from the tailings and would naturally rise to the top (similar to what you see during an oil spill in the ocean). The tailings would naturally go to the bottom because they are more dense than water. You would then extract the bitumen from the top of the boiler, and the tailings from the bottom. The layers in between would be a mixture of tailings, bitumen, and water, and would be worthless. The above may not be the exact process, but that isn't important. I do not believe there is chemical separation process where the desired product does not come out of one end or the other, and certainly not in this case. I would never expect the middle layers to be worth anything. But Asensio in his article states that the terminated employee took samples from the middle layers of the log washers and sent them to a lab somewhere to have them analyzed. And guess who got the results? With all the credentials this employee had, he certainly should have known beforehand that the middle layers would be exactly as Asensio described them, exactly what we would expect, and a gross misrepresentation of the final output that Solv-Ex is attempting to produce. I tend to agree with Asensio that this former employee provided definitive proof of fraud. We just disagree by whom.