Brad, If story 2 were true, those remaining in Naxos would all be well aware of those facts. And after Ledoux provided a clear reason to shut down and head for the islands, it would have been the opportune time to hop aboard the next flight to Fiji. The fact is that most players who believe in the none standard method have stayed on board and Brian Russel has clearly given a green light to fine tune the J/L method.
I find it hard to believe that all of the tests from all the different sources were all faked. I find it more credible that all of the methods, while promising, had serious flaws in repeatability.
As you say, where are all the sellers? More than 60% of the shares are owned by board members. Being as close to all this as they are, we should have seen a steady flow of selling if story 2 were true. And besided, if story 2 were true, it would indicate a very loose sense of integrity, which again, would manifest itself in big selling if they knew for a fact this was going belly up.
We haven't seen buying because the other shoe has not dropped yet. No matter what you FEEL about Naxos, one thing everyone has learned is that you need to see the release and the numbers. And even then, you need to see verification and repeatability.
So here we wait. I think there is a CHANCE, just a CHANCE mind you, that story 1 just might be the outcome. But it all starts with hard cold FACTS!!! We need to see the results of the refined J/L method or any other method, based on COC material with certified result offering repeatability and reliability. And if they can offer these tests on a RECOVERY process...well then we leapfrog over all the assay crap and move right into the world of "can't deny it now" becuase if it is recovered metal, that is the end of the story.
But who knows. Assay or recovery, let's keep this thing moving while there is still money in the till.
Tom F. |
