To all: Reading between the lines, this sure sounds as if they are on the right track. The certified results are commercially viable. The process appears to work. If you still believe that part of the process means there is some tampering, then you should be long gone from this type of investment. If this is a scam, it's the stupidest scam of all time, because all the insiders, insiders' relatives and friends that I know (and that is quite a few) are toatally invested in this, and even under the cynics worst case scenario, Jimmy's "profit" from this is paltry compared with the size of any alleged chicanery. I did not even mention Jimmy's son, Greg leaving a position at University of California's Math Dept. to fry his braiins in Death Valley for the past four years. That would be going pretty far to carry out such an ill-paying "scam..."
So -- two possibilities exist: Naxos either owns a huge pile of dirt, or they are very close to proving out one of the largest PM mines on the planet -- in history.
Evaluating the news release in light of this, it sure appears that they have spent a lot of time and money, and pursued every avenue to prove possibility #2 to the world. I believe that they are getting phenomenal results, and as such are being careful as to what they say. The numbers are incredible to a certain extent and need to be followed up with certified numbers (which should follow closely), but as for me, this seals the deal. Those who are new to this stock should be, as with any investment with which one is not familiar) tread with caution. Those of us who are well-acquainted with Naxos should feel free to buy away on Tuesday at the open. What else do you want? You wer buying pure air before and now you have certified, chain-of custody results of .08 gold and then some.
I would be more afraid of getting left behind thatn having this go to $0 at this point.
Bottom line, everyone --- you own a grand slam...You just do not realize it yet.
This is all just my opinion. Do your own due diligence.
Here's seeing you on the other side of $20...soon.
Regards,
Chris Inglis |