Naxos Resources (NAXOF) Message Board

STOCKTALK

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 Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Max Haber who wrote (9279)	2/26/1998 10:14:00 AM
From: KRosenfeld	of 20681

Mr. Haber, You state <If Naxos can recover 1/10th of the assays they reported on January 12th it could be real sweet.> I think this is a very important statement. With the last press release Naxos reported not only this hidden Gold, but also Gold that was easily recovered with a slight modification of the standard fire assay for gold. If we are continuing to recover "free" gold at significant levels (although less than the previously reported 1.7 - 3.0 oz/ton) this may be what Naxos needs. Acceptance of the mining community may be far closer than we believe if we can recover significant amounts of gold with standard fire assays. They are obviously reluctant to accept J-L as our stock price indicates. If Naxos releases numbers of standard fire assays in the range of .1 to .5 oz/ton (dare I dream)in more than one drill hole on COC dirt, than I think we can expect some heavy hitters to start moving into the stock. J-L may enhance our yield, but if there is free gold and we can prove it with generally accepted mining techniques, I think we are far better off. Prove the gold is there now (so that the general mining community accepts it), work on increasing the yield when the time comes. Just my humble opinion. Ken Rosenfeld

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next