SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Gold/Mining/Energy : Naxos Resources (NAXOF)
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: sh who wrote (8228)1/17/1998 1:21:00 AM
From: Larry Brubaker  Read Replies (3) of 20681
 
sh: A major lesson I had pounded into me with the IPM debacle is if the price action of a stock is acting contrary to the supposed fundamentals, then there is very likely something about the fundamentals that is not known by the average investor. This stock is not acting like one which is soon to prove up the richest PM deposit on earth. Reading this thread and looking at the Naxos chart is almost like going back 6 months in time with IPM.

After being handed my lunch with IPM, I have grown considerably more skeptical of the claims of all of the dirts. I have been following all of them for over a year now except for Naxos, which I have only followed for a couple of months. One similarity of all of these companies is that their press releases generally raise more questions than they answer.

Yes, Naxos has something IPM never had, which is certified COC with solid numbers. I hope for Naxos' investors sake that this is only the beginning. I will be watching with great interest the progress on the pilot plant. Should Naxos convince me that they can actually achieve economic recovery from their dirt, I might even become an investor. But given my greater amount of skepticsm of these companies, it is going to take solid proof of economic recovery before I bite again. Particularly to take a bite of a company which already has a $200 million market cap. So what if I have to pay $100 per share, I'll still catch the last 3,900 points of the rise to $4,000, right?
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News