Tom, Doug(mill)
Great posts. I bookmarked both of them to remind me of what I like about SI in general, and Naxos' shareholders in particular.....
As far as Johnson's estimation of costs, that may seem high. It has to be looked at in relation to whatever grades come out of Franklin Lake in order to fully judge it. If FL gets grades of IPM levels or even a .25 that would certaintly be costly. If they were to get grades equivalent to the second stage of testing on the Johnson process(.73) or even higher, we would have a very nice winner on our hands. If they where to get multiple ounces.......Well, then things would be very nice indeed.
It's this type of speculation that makes this game fun. There are no guarantees. You just do your homework, make a decision, and hope for the best. If it works, you can have a stock that will change the financial path of your family and your familie's family. If it doesn't work, you lose whatever you put into it. If you like to invest in high risk stocks, then this is it IMO. Never forget it is a risk, and only invest what you can afford to lose. On the other hand, don't let anyone lie, cheat , or scare you, into not making your own decisions and taking the amount of risk that YOU want to take.
Mark |
