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


To: Richard Mazzarella who wrote (10795)3/22/1998 6:57:00 PM
From: Dick Hoaxland  Read Replies (1) | Respond to of 20681
 
There was *much* more investor interest in Bre-X. It certainly didn't
take Bre-X a decade to drill and assay their property.

We are now being told by Naxos that Franklin Lakes does not require
special processing and can be assayed using standard fire assay.

Why did it take *ten* years to come to this conclusion?

It does not make any sense.



To: Richard Mazzarella who wrote (10795)3/23/1998 2:23:00 PM
From: mark silvers  Read Replies (2) | Respond to of 20681
 
Richard,

At one point(about 6-9 months ago) you had speculated that electronic trading would be worth a couple of points on Naxos' share price. Granted the stock was trading around 2.5-3.0 at the time. Do you still feel that way? Any explanation as to the postive or negative of why you might feel it will/wont have an effect would be appreciated.

Thanks,

Mark