SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Gold/Mining/Energy : Naxos Resources (NAXOF)
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Max Haber who wrote (8650)1/27/1998 11:15:00 PM
From: Kim W. Brasington  Read Replies (1) of 20681
 
To All:

Naxos has always been of the opinion and increasingly so that Franklin Lake hosts a massive precious metals deposit. The full extent and nuances of Franklin Lake will take time to unlock. The last COC lead fire assays were way and above the mining norm. This should be a clue as to the course of action of Naxos - we don't want to go slow, we don't want to go fast, Naxos wants to go THOROUGH. Thoroughness takes time, but Naxos believes that in thoroughness there will be much more value accrued than at any other speed.

Naxos has consistently announced to the world that they are a R&D company. Most companies that indulge in extensive R&D do their research in wraps. Naxos has done much of their R&D in a glass bowl. There is a reason for this - Naxos believes that it has a very large and loyal block of shareholders that have supported the company throughout the years of R&D. Naxos has wanted to provide as much information as possible to their shareholders so that they may be abreast of their investment.

Investing in an R&D company is not easy, nor is it embraced by all. It can be a rollercoaster ride or it can be becalmed, only to burst into a flurry of news, followed by a dearth of news. One of the things that should be taken into account when looking at an R&D company is to ask the following questions:

a. who will buy this product if proven up?
b. is there forward progress taking place?
c. where was the company a year ago?
d. do they have funds to continue?
e. is their case being proved or disproved?

Venture capital equities should not be followed in the same vein as a blue chip or a mid cap, however they can be, and if you do be forewarned that you can suffer a great deal of stress. Volatility is the norm and not the exception.

Best Regards,

Kim W.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News