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Gold/Mining/Energy : Naxos Resources (NAXOF)

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To: Henry Volquardsen who wrote (6425)	12/6/1997 6:33:00 PM
From: knight	Read Replies (3) of 20681

Henry, I just checked into the thread today and wanted to thank you for your reply. I agree with your comment on the demonitization of gold. Any that it had is gone. Industrial usage and the jewelry market will be the predominant user. Yes, you're right about NAXOF being a tech play. No offense, but I hope this kind of technology doesn't quite materalize just yet. I'm long on a few of the conventional miners who are in sad shape with the current POG. Would I be correct in assuming that even if the technology proves out, the costs of economic extraction are not feasable at this point in time? Perhaps I'm putting the cart before the horse as we couldn't do any number crunching without having all of the puzzle pieces together. Anyways, I see that I have quite a few posts to wade through, so I'd better get to it. Nice to see all the posts, pro and con. Best of luck. knight

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