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: Neal davidson who wrote (16588)	10/7/1998 5:45:00 PM
From: jlallen	Read Replies (1) \| Respond to of 20681

You are not wrong. And Ken is right on!! Do our directors and officers have liability insurance? JLA

To: Neal davidson who wrote (16588)	10/7/1998 6:20:00 PM
From: Larry Macklin	Respond to of 20681

Neal, My guess is that there are no formal contracts between ledoux and naxos---just some basic faxed agreements. I don't know if that makes a legal difference. As far as i can see,now that the new deal is cancelled, there are only two possible ways we will ever recover any money. 1) Johnson-lett comes up with economical number from COC material that is repeated at three non-biased labs with excellent reputations.Then johnson must be able to design a pilot plant based on those numbers.Then we must be able to raise money to build and test the plant.Then the thing has to work! 2) We sue ledoux and win. Which one sounds more likely...opinions please! Larry Macklin