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Gold/Mining/Energy : Naxos Resources (NAXOF) -- Ignore unavailable to you. Want to Upgrade?


To: Henry Volquardsen who wrote (5836)11/22/1997 8:11:00 PM
From: Lorne S. C.  Read Replies (2) | Respond to of 20681
 
Has anyone given consideration to the fact, that if our proprietary recovery method is so good, it may have an effect on the world supply of gold or platinum.
What I actually mean is if the Johnson Lett method increases the potential recovery from DD properties, than the overall supply of gold (precious minerals) will increase ?fold. What will that do to the already depressed gold market?
Sure Naxos has the ability to license the recovery method, but does that actually mean it could control the actual supply, and therefore control the world prices (Diamonds-De Beers)?
Just something to think about.

Lorne S. Cohen



To: Henry Volquardsen who wrote (5836)11/23/1997 3:35:00 PM
From: Eric Tai  Read Replies (1) | Respond to of 20681
 
Henry, Mark,
Since you seem to be more familiar with the "internals" of the
stock market, I want to ask you a question.
Do you know that if anyone can short a pink sheet, non-marginable
type of stock like Naxos?
If not, probably all these "shorties" around are just a bad joke.
TIA for your info.