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Gold/Mining/Energy : Naxos Resources (NAXOF)

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To: mark silvers who wrote (8020)1/13/1998 10:21:00 PM
From: Larry Brubaker  Read Replies (1) of 20681
 
"You are akin to the HL's of the world."

Mark: The Hungry Lion's of the world have had a pretty good track record so far when it comes to pouncing on the dirts who have grown fat and are ripe for the slaughter.

While I see Naxos' PR as encouraging, I am not willing to predict a $4,000 stock price just yet. There are still many questions unanswered. E.g. why the missing 10 feet? Why only one 25 minus 10 foot sample after so many months? Why no platinum?

I would be much less skeptical of this stock if JJ extended his moratorium on insider trading until after the pilot plant has been up and running for a few months. Then we will know for sure whether there really is something to this company. Until then, I would not discount the possibility that this stock is being pumped.

As I have said a few times on this thread, GPGI can also assay multi-opt metal values (albeit non-COC), but that proves nothing until they can prove they can recover more than a thimble full at a time. The same holds true for Naxos, IMO.
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