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Gold/Mining/Energy : Naxos Resources (NAXOF)

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To: Lonnie who wrote (7187)12/13/1997 12:04:00 AM
From: knight   of 20681
 
Lonnie, looks like Henry is out of the building right now, he's
got the goods on naxos and I'm sure he'll take the time to address
your concerns. I've got some nagging doubts about what is
transpiring with the Johnson Methodology mumbo-jumbo. On one hand,
you have to give the company credit for its' tenacity in pursuing
the FL project but on the other hand, being able to pull rabbits
out of a hat so to speak, with this new assay preparation is a little
mystifying to me. There's a lot of money in this deal with Johnson-
Lett based on patent pending secretive procedures. I dunno, keep
asking those questions before investing though. At the $7 to $8
dollar level, its pretty risky stuff. In these depressed markets,
there are a lot of conventional junior and even senior miners that'll
give you more bang for the buck. Just my opinion of course.

knight
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