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: Paul Salber who wrote (10680)	3/20/1998 10:49:00 AM
From: mark silvers	Read Replies (1) \| Respond to of 20681

Kim, Another interesting question would be , Are the holes going to be spread out over the playa, or more condensed in order to start proving up reserves? mark

To: Paul Salber who wrote (10680)	4/7/1998 10:58:00 AM
From: Paul Salber	Read Replies (3) \| Respond to of 20681

Ok... here is speculation on my part.... There has been an extended period of time now since the last release of numbers (in my opinion) and I do wonder what is taking soooo ... long... (don't you ?). Ledoux has plenty of material to work with and the new lab (CMI ?) also must have been doing something lately. Why are things taking so long ?? Does Naxos have numbers which have not yet been released ??? My greatest concern is that new management will feel that the company needs more cash and will issue more stock (via options or private placement) at these prices. This would be a real mistake... After more numbers come out and the true value of the playa is known, the stock price should be much higher. This is just speculation on my part, but the idle mind is the devil's playground.... Paul P.S. Anyone know how many shares of stock Sid Kemp owns ??? I think Jimmy John had millions.