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

To: GlobalMarine who wrote (16267)	9/14/1998 11:07:00 PM
From: knight	Read Replies (2) \| Respond to of 20681

Rand, this might help: Based on a confirmatory feasibility study completed in March, 1997 by Bateman Engineering Inc. of Tucson, Arizona, specialists in engineering of copper projects, Laminco can produce cathode copper at an operating cost of $US 0.494/lb. Total capital cost of the Luz del Cobre Project is estimated by Bateman at $US 19.3 million, including $US 14.2 capital cost and $US 5.1 million for prestripping, working capital, administration and contingencies. Current mineable ore reserves at Luz del Cobre are 10.2 million tons at an average grade of 0.875 % copper at a cutoff grade of 0.22 % copper. The average strip ratio is less than 1:1. Taken from a Laminco release June 4/97.

To: GlobalMarine who wrote (16267)	9/14/1998 11:36:00 PM
From: Larry Macklin	Read Replies (2) \| Respond to of 20681

Rand, As usual, you guys want to continually blast management but come up with absolutely no wothwhile suggestions for the company. Then you want me to do all the DD for you just so you can critisize the answers. I have the answers,trust me, i have done the DD. John Allens comments are meaningless.All he says is crap like"i will believe it when i see it".....if thats the case why do you own the stock? what would you like to see happen? What is your plan? Your only plan is "get rid of Sid".....then what.....tell me how much gold is in FL. Larry Macklin