Naxos Resources (NAXOF) Message Board

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Gold/Mining/Energy : Naxos Resources (NAXOF)

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To: Ed Lamb who wrote (12415)	4/29/1998 2:11:00 PM
From: mark silvers	Read Replies (2) of 20681

Ed The problem with starting up a pilot plant now is that you dont have a recovery process. Without a recovery process you cant set up a pilot plant... As far as beng overvalued. Just because there are stocks that are overvalued, doesnt mean that naxos gets to be one of them. Thats why its called OVERvalued. A company with 2 holes, a dubious past, and an ASC charge hanging over their heads does not usually make the overvalued list. AS far as everyones perception that the non coc tests are meaningless, I strongly disagree. I think as long as the numbers continue to be in line the have great meaning in one specific area. The become a great indicator for potential future test results. That becomes VERY important as more numbers come in and you get closer to a resource statement, indications of future test results will be VERY handy. mark

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