Naxos Resources (NAXOF) Message Board

STOCKTALK

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 Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: KRosenfeld who wrote (19258)	6/2/1999 8:29:00 AM
From: Richard Mazzarella	Read Replies (1) of 20681

KR, <<precious metals in FL that can be gotten to economically>> None of the desert dirts have proof. However, Gardner put out a letter where he says that he has more than one process to recover metal from FL. Why be concerned about process if there aren't metals? To fail based solely on wishful thinking is death. Naxos said they would report on the results of their pilot plant this month. They should have already reported seeing recovery of metals irrespective of quantity to help their stock. I'm concerned they haven't done that, no recovery at all? My main concern hasn't been if there are metals, but only the economics for a potentially difficult mineralization. I can speculate that if Naxos is realizing recovery it could reported at any time to support the stock and fend off that idiot priest, but they still may require more time to determine optimal economics. Just reporting metal on the table would juice speculation for the stock IMO. This may allow a short term paper play with the verdict out for the long term until more is learned, my speculation.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next