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


To: Michael Allard who wrote (11329)3/31/1998 10:15:00 AM
From: mfgrep  Read Replies (1) | Respond to of 20681
 
Oh God Michael---

You are just setting the stage and adjusting the lights for the "shills" to blow sunshine up your .........

I don't know if you'll be able to get an answer today....all the "big guns" are at the BMW dealership looking at the 850's.

Jason



To: Michael Allard who wrote (11329)3/31/1998 10:22:00 AM
From: Tom Frederick  Read Replies (2) | Respond to of 20681
 
Mr. Allard, Where do we start. There are many people on this thread who have posted great reviews of the Naxos situation both pro and con. The next "big event" is electronic trading starting tomorrow. Along with that we are hoping for a fresh press release, but that is just a hope. As far as where it can go....it depends on what scenerio you want to lean towards. IF Naxos can prove up a bulk of 3 billion tons with even .2 of Au per ton, that is 600 million ounces of gold.
IF Naxos can prove up similar numbers in multiple metals in the Platinum group, just keep multiplying those 600 million by how many metals. IF Naxos can get the attention of any of the majors, then it would seem likely that Naxos would present itself as a unique property that would be highly desireable to own. From there, paint your own picture.

As far as stock values, it is very hard to say what this should be worth. There are many variables that need to be nailed down as fixed values. ie. recovery costs, how many metals, what is the RECOVERY concentration of each PM.

But one thing is for sure. If results keep coming in even at the .2 as an average, Naxos is worth MUCH more than $3.75 or whatever price we are at today.

But you must form your own opinion. Read ALL the posts, both pro and con and see what side stands up to scrutiny more in you mind.

Welcome aboard the SS Minnow.

But MOST important, you MUST decide the following...

Ginger or Maryann ;)

Regards,

Tom F.



To: Michael Allard who wrote (11329)3/31/1998 10:37:00 AM
From: Henry Volquardsen  Read Replies (3) | Respond to of 20681
 
Michael,
Electronic trading starts tomorrow.
And if the recent numbers prove out the stock will be worth more than $9. How much more is the subject of considerable debate.
Henry



To: Michael Allard who wrote (11329)3/31/1998 12:10:00 PM
From: RRG  Respond to of 20681
 
Michael,

I've been long on Naxos for a very long time.

I just hope you did not use grocery money for what is still a high risk investment. However, there seems to be a positive perception that the risk now is somewhat lessened.

The one thing to be assured of: If Naxos really does turn out to be one of the major PM finds of the century, you will be rewarded beyond your wildest dreams---but there are still some very BIG IFS out there.

As to the choice between Ginger and Maryann, I cannot believe the level of shallowness in the responses. As a man with diverse appetites, moods and interests, I would feel very comfortable in having both of them around!

BobG