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Gold/Mining/Energy : Napier International Technologies Inc. (T.NIR) -- Ignore unavailable to you. Want to Upgrade?

To: Ginco who wrote (1544)	9/3/1998 9:11:00 PM
From: AL	Read Replies (2) \| Respond to of 2444

Gino, more good research. don't you sleep? First of all, since Aquasol DIDN'T disclose to Napier the formulation of their products ( assuming that the claimant was right ),as the merger wasn't completed yet, *THERE HAS BEEN NO BREACH OF FIDUCIARY DUTY** on the part of Aquasol. Failed lawsuit. There was also an indication that the suing party does not know the formulation of Aquasol, and only think it is the same. Second of all, if Napier knew of the lawsuit before they announced it, it still comes under DD and were not wrong to keep quiet until they knew the direction it would take. Now, let me see, 300 aircraft facilities use MC based paint strippers, 6,152 furniture facilities use it, and, there are 35,041 industrial facilities using it. Together comprising 136 million lbs. of MC based paint striper. Is there a demand for paint strippers? DUH. Chris, I had an order in today for 4000 shares of NIR @ 1.41, thinking there would be a dump at around 3:45 or so ( like there has been so many days in the past ). At 3:58 I tried to get 2000 @ 1.50 but got beat by the bell. ( I had net problems or I would have been a buyer @ ask ). IMO there is nobody proping up price or they would have been buying bigger volumes. I also think tomorrow will be another down day. I will buy more tomorrow. There may not be a liftoff now, but as the financial reports keep comming out, there will be a steady rise in price as Napier keeps gaining more and more of the marketshare. After seeing OSHA reports on how much paint stripper is being used, there is no doubt that the market potential is exponential. ( OH, and lentils, what was that crack about gold related stocke ? ) HaHaHaHa, all the way to the BANK, Al

To: Ginco who wrote (1544)	9/3/1998 10:07:00 PM
From: Greg from Edmonton	Read Replies (1) \| Respond to of 2444

The ONLY conclusion I have so far is that NOBODY KNOWS how much MC is being used in production of paint strippers. It seems that both of Gino's sources give quite different data. The one I used for my cursory calculations indicates: 129,000 mT total production of MC within USA, 30% which is used in paint strippers. Therefore [129,000 mT] * [0.3] = 38,700 mT. The second source indicates 136.85 million lbs of MC used in manufacturing paint strippers, this converts to 62,000 mT. What geographical area does this number apply to, are the numbers from both sources comparable? Obviously 38,700 vs. 62,700 mT is quite different, but at least not by orders of magnitude. The first number is for year of 1996, and the second represents 1990. I remind you all once again that my cursory estimate calculations were based on the more recent and smaller number of the two (conservatively rated), which indicates MC paint stripper use within the USA market. May we look deeper and say that MC production in paint stripper products may have decreased because of increased legislation and OHSA concerns? With a bit more data, I think that we may be able to. Gino, can you say what geographical area the 1990 numbers represent? Have you found any year-over-year comparisons outlining how much MC is used to produce paint stripper products? Thanks for your continued excellent research efforts. Greg