Mr. Allard, Where do we start. There are many people on this thread who have posted great reviews of the Naxos situation both pro and con. The next "big event" is electronic trading starting tomorrow. Along with that we are hoping for a fresh press release, but that is just a hope. As far as where it can go....it depends on what scenerio you want to lean towards. IF Naxos can prove up a bulk of 3 billion tons with even .2 of Au per ton, that is 600 million ounces of gold.
IF Naxos can prove up similar numbers in multiple metals in the Platinum group, just keep multiplying those 600 million by how many metals. IF Naxos can get the attention of any of the majors, then it would seem likely that Naxos would present itself as a unique property that would be highly desireable to own. From there, paint your own picture.
As far as stock values, it is very hard to say what this should be worth. There are many variables that need to be nailed down as fixed values. ie. recovery costs, how many metals, what is the RECOVERY concentration of each PM.
But one thing is for sure. If results keep coming in even at the .2 as an average, Naxos is worth MUCH more than $3.75 or whatever price we are at today.
But you must form your own opinion. Read ALL the posts, both pro and con and see what side stands up to scrutiny more in you mind.
Welcome aboard the SS Minnow.
But MOST important, you MUST decide the following...
Ginger or Maryann ;)
Regards,
Tom F. |
