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Gold/Mining/Energy : Naxos Resources (NAXOF)
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To: mark silvers who wrote (12245)4/24/1998 10:36:00 AM
From: RRG  Read Replies (3) of 20681
 
Mark--you said "the numbers themselves appear to be mediocre to me"---and I would agree.

BUT:

1. We are beginning to prove consistency and probable homogeneity.
2. There is one helava lot of tonnage at FL.
3. We are showing the presence of platinum.
4. It's possible the J/L process could enhance the yields.
5. There appears to be a business plan in place that makes sense.

SO---it's not all bad. Could be better and could be worse.
How will the market view this? You will have to buy to S.K.'s service to find out.

Bob Goldstein
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