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: Jerry in Omaha who wrote (8924)	2/7/1998 11:48:00 AM
From: jlallen	Read Replies (2) \| Respond to of 20681

Mr. Pearson: How do you know that the terms will be renegotiated with J/L? Is that an educated guess, supposition or information from IR? How do you know about a "coup" at Naxos? What happened? IMO if the company paid $250,000.00 to lock up the rights to a process which is not patentable without having done basic due diligence as Kurt believes, it is probably still worth that price to have learned what the company has learned about the way to treat the ore for maximizing assay (and hopefully recovery) results (although I agree with Kurt as to the way this speaks to management capability). I also don't see how J/L could sue Naxos for using the "J/L technology" unless they do have a patent. I'm not surprised there is disagreement over whether the process is patentable, after all that's what you pay a lawyer for (to advance your position). I'm not a patent lawyer but if J/L is not able to get a patent, a lawsuit is unlikely to ever become an issue. Finally, I join the chorus of praise for the last release which was well written and informative. However, I note that it does not actually address specifically where we stand with the J/L option, whether it has been extended or allowed to expire. Certainly it appears Dr. Johnson is still willing to work with Naxos under either possible scenario and I think that is a "plus" for Naxos. JMHO --JLA