Mr. Silvers;
You posted; " I would expect to have certification by mid January, IMO."
All right then, your prediction is in. My prediction is a horserace
between certification and a facility where five tons of ore goes in
one end and lots of precious metals come out the other, day after day.
Certification and this pilot plant are, IMO without a doubt,
the one-two knock-out punches to the jaws of doubt and skepticism,
cynical or not, Mr. V. <g>
There is simply no getting around the fact that extraordinary claims
require extraordinary proofs. What appears to be a new skepticism on
my part simply reflects my adjustment to that fact, certainly not an
indication of a shaking of faith. What is occuring now is precedent setting;
it never has had to be this way before. Naxos and Ledoux are not just
going the extra mile here, they are going the extra marathon!
If certification comes our way by mid January Ledoux will win the horserace
by three lengths. If the pilot plant is close to being in production by
mid April and Ledoux still hasn't certified by then, they will be neck
and neck. But let me tell you when both those horses cross the finish line
we'll all be winners except the shorts.
So, that's basically all that I'm saying. Before the market will be
convinced beyond a shadow of a doubt, and we can all breathe a
collective sigh of long overdue relief, both certification and proven
economical recovery must take place.
It's anybody's guess how long it will take for either event. So I guess
we will be seeing erratic stock prices for some time unless preventive
measures are put in place, but I have no idea what those could be.
Here in the waning days of autumn as my thoughts already anticipate
next spring, I am hoping it will be a short, sweet, Ledoux certified winter!
If only hibernation were an option.
Jerard P |
