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: Jan A. Van Hummel who wrote (12109)4/21/1998 4:49:00 PM
From: Tom Frederick  Read Replies (1) of 20681
 
Mr. Van Hummel, some very good points indeed. My only difference in your line of reasoning would be that I believe any large ore body that can show low cost recovery will be desireable at almost any gold price for the simple reason of MAXIMIZING profits. A company can always use more profit and if an ore can produce gold and the platinum group and silver all in the same per ton cost, that will be a better mine than one with only gold at a higher per ton cost.

Now I am making some assumptions, but past testing has shown PGM's and I have heard that they have silver as well. But how much is a long way from being substantiated.

In any case, to your point, Naxos must keep moving forward, prove up the property and let the market decide how much FL is worth.

Regards,

Tom F.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2026 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News