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Gold/Mining/Energy : Naxos Resources (NAXOF)

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To: mark silvers who wrote (5485)	11/11/1997 12:24:00 AM
From: HungryLion	Read Replies (1) of 20681

". . . Naxos continues to dazzle its shareholders with exotic assaying and processing. In the latest chapter of this farce, Naxos has optioned a proprietary process from Johnson-Lett & Co. that extracts (rather than just detects)precious metals. Naxos can earn permanent rights to use the process for $0.5 MM and 2 MM shares and can purchase exclusive rights to the process for an additional $4.5 MM and an additional 8 MM shares. Of course, details of the process were not provided." mining.com

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