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: Doug Meetmer who wrote (8339)	1/20/1998 5:27:00 PM
From: Jim	Read Replies (1) \| Respond to of 20681

Doug & Mark, Yes, you both understood what I meant. I agree Doug, if Naxos chooses to back away from Johnson/Lett at this point then the results could be disastrous to the stock. However, I just don't forsee that happening. Just think about it. Naxos has done more "due diligence" than anyone on this thread in regards to finding the way to economic recovery of their precious FL metals. Naxos has evaluated many methods over the past several years. Naxos has yet to pay ANY money or shares to these prior suitors. They have paid $ 250,000 to Johnson/ Lett to allow Ledoux to analyze the hell out of their methodology. Ledoux has taken 6 months to do this. Ledoux has CERTIFIED that the methodology has produced outstanding results. Naxos has ordered MINING equipment. Naxos has secured deals with several other independent labs to provide them with certified numbers. In my opinion, the actions Naxos has taken to this point are prudent and sound. Now all they have to do is take the plunge with the method that they (and Ledoux) have found to be superior to all of the prior tested methodologies. Make no mistake there is still much analysis to be done in regards to the scale-up of the process, but tomorrow will be a critical day for Naxos and their loyal shareholders. We have put our faith in the company and their management...now is the time for the payoff. Jim p.s. Any closing quotes/volume ???