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: knight who wrote (6394)	12/4/1997 11:12:00 PM
From: Henry Volquardsen	Read Replies (2) \| Respond to of 20681

absolutely there is a lot of risk in this play. I have said to many people privately and a few times here and will repeat it now that I believe there is still a very real possibility that this stock could still go bust. There is no question there is at least some metal present. The big questions are how much is there and MOST IMPORTANTLY can it be economically recovered. There is no question that the technology may not yet be to the point where there can be profitable extraction. This is a major concern for me. The report we are all expecting is only part of the needed information. I will not be comfortable even if we get high numbers. The issue of recoverability is still vital. I also agree that we need to see contrary opinions and those who are familiar with my posting know I have defended such posting just as you are now. If you check one of the origional posts of this phenomena I responded just that way. Over time it appeared to be the particular individual had ulterior motives. I based this assessment on his selective use of public info and his manipulative posting. But to your main point. I very much agree that this is a high risk play with many open questions and eagerly support constructive debate. I am conccerned as well and nervous regarding the oft rumoured but repeatedly delayed report.