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

To: Karl Zetmeir who wrote (18302)	3/31/1999 10:16:00 AM
From: mark silvers	Respond to of 20681

Karl, Careful those pom poms can cause chaffing<VBG> Besides, you don't need our money to get out. I'm sure the whisper campaign will allow you to do that without us. Mark

To: Karl Zetmeir who wrote (18302)	3/31/1999 10:17:00 AM
From: Henry Volquardsen	Respond to of 20681

Thanks Karl. I see your fulfilling your role as an 'Advertising Entrepreneur'. Check it out good luck, with J/L you'll need it.

To: Karl Zetmeir who wrote (18302)	3/31/1999 10:20:00 AM
From: Larry Macklin	Read Replies (2) \| Respond to of 20681

karl, I dont feel like i lost money on naxos...i feel like i lost money on J/L!!!!!!!! I dont want to lose money on J/L again.....that said, i feel like i will still make money in naxos. Also, i am sure there will be an opportunity to make money on J/L HYPE.....and at the right time i just might do that! Larry Macklin

To: Karl Zetmeir who wrote (18302)	3/31/1999 11:14:00 AM
From: Richard Mazzarella	Read Replies (2) \| Respond to of 20681

Karl, IMO before you start dancing in the streets, have you considered the "cost" for the J/L merger? That's going to take considerable dilution which may or may not be offset by pilot plant production. There will be considerable doubt on the economics until either they have been operated for some time to determine costs, or get an outside mining consultant to verify process. If J/L costs ~$200/ton (a number rumored before on the J/L process) on 1 OPT, add some overhead and other expenses (environmental, legal, etc.) and mining becomes marginal. I own MGAU, but my dancing shoes are out being repaired. <VBG> PS, I'm posting to this thread because I don't want to spook Bradley or anybody else long MGAU. Nobody interested it stock appreciation reads this thread, just people doing penance. It's obvious that this thread has become a general message board since nobody's interested in NAXOF, precedent being 26 non topic posts and no NAXOF trades.