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) -- Ignore unavailable to you. Want to Upgrade?


To: Tom Frederick who wrote (20015)11/4/1999 5:42:00 PM
From: soxan  Read Replies (1) | Respond to of 20681
 
To All,I read the news announcement as really good news for several reasons, first if we really have come to an understanding with the Father doesn't this mean no more spending on bogus legal matters? Also if the Father does have real input and some sort of real plan, it will come out now. Drilling going on and will finish up shortly. Worst case scenario(I don't want this to happen) but if the Father does take over and and J and L get back into this deal we will see some sort of hype and fluff stuff. As you know that in itself will raise the stock price, and those wanting to get out will at least get a better price then what it is trading at now(yes, others will get hurt by this)
I wonder if it was the Father and his people buying today?
soxan



To: Tom Frederick who wrote (20015)11/4/1999 5:43:00 PM
From: Neal davidson  Respond to of 20681
 
Tom, Tom, Tom, my fellow Oneontian. The school was humorously referred to as "Stoneonta," and the way you rhapsodize about this company, I think you must have inhaled a few bongs just a bit too deeply. How you continue to bang the drum for a penny stock which you don't even own is beyond me. I know lots of people have lost money on this stock, and I sincerely hope that everyone who is still holding on can make some of their money back (and Tom, I hope you can buy back in just before the stock makes its jump). The simple truth is that the company is grasping at straws. The prospects for success are, in my opinion, virtually zero, and anyone who holds this stock for any other purpose than rank speculation is setting themselves up for continued disappointment.

JMHO, of course.



To: Tom Frederick who wrote (20015)11/4/1999 6:41:00 PM
From: Henry Volquardsen  Respond to of 20681
 
There is no reason I can see to not consider the Lithium recovery from the brine water a viable resource for Naxos.

No reason? How about the company's disgraceful record? Wether it was incompetence, fraud or pure cosmic bad luck nothing in Naxos's history should give anyone any confidence in their endeavors. I wouldn't bet on their being able to find ice at the North Pole. The only resource they have ever been able to mine is our wallets.

Tom, you know I consider you a friend. This is not meant as a personal rebuke. I appreciate your efforts to find something positive in this situation. But I would strongly suggest at least some skepticism.