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: Randall E. Brubaker who wrote (4461)10/10/1997 12:47:00 PM
From: Steve Skapik   of 20681
 
From another lurker, for what its worth.

The price in % equity seem extremely high to me for exclusive rights. I'm not sure what the long term plans are regarding this.

The rights for use of the process seem VERY encouraging. Only time will tell what $$$ is extricated from the ground and transferred to us but Naxos is surely giving a signal that the science can be demonstrated in a relatively short period of time. If the process works as well as implied in the previous results the recovery hurdle which I feared could have taken "2 more decades" could be right around the corner.

Don't own any pom poms but I may be in the pom pom market soon.

Steve
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext