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

To: Henry Volquardsen who wrote (7608)	12/22/1997 8:04:00 PM
From: Tom Frederick	Respond to of 20681

Mr. Volquardsen, that is a great point re. the environmental attack. Everything under the sea is under great scrutiny these days. It will take many years to prove a method of recovery clearly never before tried that will have minimal impact. But the key to whatever is arrived at is profitability. If their core metals are really copper and zinc, the price per ton will have to be awfully low. If they want to extract gold, they will have to compete with 3opt plus gold from Franklin Lake before they even decide to pull it up off the bottom. Your lollipop is waiting for you by the tellers window. And thanks for taking the time to read to the end! Regards, Tom F.