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Gold/Mining/Energy : Naxos Resources (NAXOF)

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To: mark silvers who wrote (14204)	7/11/1998 8:28:00 PM
From: go4it	Read Replies (1) of 20681

Mark, I can tell you why I agree with what knight said FWIW. IPM preached that they had this great geophysicist at the helm but they still went to a bunch of back yard chemists that promised them great results and were long on promise and short on results. They had everything in the world going for them and they still pissed their money away. Considering the mineralization that naxos claims to posses I think that offering 1/3 of the company to a viable and cheap process would be a very good deal but proof must come before anything is layed out and all that matters is results first. Naxos could take it one step further and only offer a % deal on the smelter royalty so that the only way that a person offering a process makes any money at all is if Naxos makes money. Just my opinion of course. I hope all is well with you and yours. Chuck

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