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Gold/Mining/Energy : Naxos Resources (NAXOF)
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To: Richard Mazzarella who wrote (8266)1/18/1998 12:31:00 PM
From: Henry Volquardsen  Read Replies (1) of 20681
 
Richard,

I believe this thread has been very open to discussions with skeptics. I have been to many SI threads and this is one of the most open. I agree that Naxos is a very speculative stock and despite the positive releases we have seen recently there is still a long way to go. However I cannot understand how looking at all the information on the table at this time anyone can come to the conclusion that IPM has a better chance of success than Naxos. Naxos has certified results in multiple ounces while IPM can't break .1. IPM would barely be profitable if convetional technology were viable let alone a complex ore. On what possible basis can you make the assessment that IPM is in better shape than Naxos?

Henry
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