SI
SI
discoversearch

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: soxan who wrote (16548)10/7/1998 9:51:00 AM
From: mark silvers  Read Replies (1) | Respond to of 20681
 
Soxan,

I tend to agree. However it rumor has it that there is too much opposition for this plan to go through. The problem is that if it doesnt go through, Naxos stands a decent chance of bankruptcy due to its inability to raise capital, IMO.

From my limited perspective, it appears that there are too many individuals who sold naxos on a "story" of multiple OPTs, and now are applying pressure for naxos to go back to the story and pump and dump phase of its history, so that they dont look as bad to people they represent. At least that is the rumor that I am hearing.

The good news is that if they get their way, there will be enough stories and B.S., that naxos shares will get a little run out of it.

Mark



To: soxan who wrote (16548)10/7/1998 10:54:00 AM
From: Carlo  Read Replies (1) | Respond to of 20681
 
How much of that $9,000,000 is going to be used for Franklin Lake? 10%?, 20%?,50%?

How much of that $9,000,000 is going into Mexican copper production or the greatest and latest new property purchase?

Did the news release really say what happen to that money? You don't think that Sid might take the money and run (from F.L.) would you?


HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News