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


To: Henry Volquardsen who wrote (12927)5/16/1998 2:09:00 PM
From: ShoppinTheNet  Read Replies (1) | Respond to of 20681
 
"But I believe most people understand a desert dirt to be a company with those characteristics plus the pursuit of a high cost proprietary extraction process. These processes require technological breakthroughs and require multiple ounce per ton grade to be economically viable." Henry V.

Henry, I understand your point on this, yet, I am not sure that your description is how general population would classify them.

Naxos has had the rights to Franklin Lake they have had people running
around with chemistry sets trying to prove they had found El Dorado... "Perhaps if they had some of these employees years ago they would have recognized the possibility of conventional extraction instead of chasing rainbows" Henry V.

I also agree with your line of thought on this. the point I was trying make was to caution everyone that just because we are now taking this new tack, this does not mean we have won the race and that it was a short race. WE still need to prove an economical conventional recovery process. This will take time. With out pointing this out, you may be pouring gas on the hype flames.

"After much research, investigation and due diligence I have come to the inescapable conclusion that I must have been out of my mind. Ibelieve many others have decided the same (about themselves but alsoperhaps about me)" Henry V.

Boy am I with you on this one. I feel like we are all on the bus and its one of Mrs. Frizzels field trips, and we just flew over the coo coo's nest!