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: Neal davidson who wrote (16631)10/9/1998 3:04:00 PM
From: Tom Frederick  Read Replies (1) of 20681
 
Neal, after some more thought I would like to clarify one point. While the ore itself was either going to prove PM's ore not, I can see more to the point regarding the level of RISK involved, was tied to testing. Certainly after so many years of SFA never having be effective and suddenly having Ledoux come up with repeatable numbers, the level of RISK involved appeared to drop dramatically. And I would concede that there were many who invested in Naxos or increased their position or even decided not to sell, based on those SFA results.

So I will concede that your point as it relates to an investments level of risk is a valid one. SFA would have put Naxos on the map quickly. While "black box" with insufficient verification would have been a risk right up till recovery.

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

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News