Neal, I have to agree with Bob. There is no reason I can see to not consider the Lithium recovery from the brine water a viable resource for Naxos. If you have no confidence that we will ever hear about 3 opt gold again, you might be right. However, Naxos has a real fighting chance to find profitable reserves in the brine.
Also, Father G. would not have taken a deal to get back on the board at this point in time unless he thought things were going to go well on the Lithium testing. Otherwise, he would just sit on the sidelines, wait for this program to fail and buy Naxos for pennies on the dollar. (Oh, that's were we are now, well, you know what I mean)
The good Father wants in to share the limelight would be my guess. Who wants to be on the outside looking in when Naxos signs the first real deal.
Neal, don't give up. We may all get a very pleasant surprise out of the brine. Not $100 shares, but a good solid jump based on a real deal for Lithium, assuming that the brine has sufficient concentrations to make the recovery profitable.
And with a large company monitoring the drilling and doing their own testing, plus two other labs testing the same samples, we can count on accurate test results.
Keep drilling out there guys!
Tom F. |
