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

To: GlobalMarine who wrote (16254)9/14/1998 6:02:00 PM
From: Larry Macklin  Read Replies (4) | Respond to of 20681
 
Rand,
Copper is about .76 cents per pound.....i called laminco IR and the bateman report estimates recovery cost at 50 cents per pound for this property...you should be careful comparing one property to another when you don't have all the facts.

Larry Macklin



To: GlobalMarine who wrote (16254)9/14/1998 7:50:00 PM
From: Henry Volquardsen  Respond to of 20681
 
That's why I asked what price assumptions they used to calculate the projected return.


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