Silicon Investor (SI) -- The First Internet Community

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

To: Michael Donahue who wrote (6096)	12/2/1997 2:47:00 PM
From: Neal davidson	Respond to of 20681

I have two more cents: I was wrong...the worst case scenario would not be Ledoux's refusal to certify and release numbers...The worst case scenario would be for Ledoux to release and certify BAD numbers. However, I do not think that will happen. If anyone out there thinks that Naxos management already has COC numbers which have been certified by Ledoux, and that management is holding back the release of those numbers, then you ought to sell the stock, because that means that you believe that Naxos management is withholding critically important information. I just do not believe this. I believe that the platinum numbers are coming back in a range between good and spectacular, and the inconsistency is causing concern for Ledoux. If the numbers become more consistent, i assume Ledoux will certify them for release. If the numbers remain inconsistent, well..... that is where my concern lies.

To: Michael Donahue who wrote (6096)	12/2/1997 2:58:00 PM
From: liontamer	Read Replies (6) \| Respond to of 20681

to mike from liontamer the delays are because the results of gold and platinum assays will be so good that south africa australia and any gold mining co that has costs of more than 120 dollars per ounce recovery costs will be out of business. also the gold funds that have performed so poorly this year will jump on naxos to buy to try to improve their 40% decline in value for 1997. i know the waiting has been hard but it is now a proven fact that naxos has the largest gold platinum rhodium iridium ruthenium deposit in the history of the world. i have been saying for years that naxos is to precious metals as the middle east is to oil. certification arrives tomorrow.