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Gold/Mining/Energy : Naxos Resources (NAXOF)

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To: KRosenfeld who wrote (11921)4/16/1998 5:52:00 PM
From: jlallen   of 20681
 
Ken: I think they are both important. The assays will help establish the size of the "inferred reserves" and the recovery will confirm that gold can be extracted economically. I think there is added value in proving each step. As I understand the industry normally one quantifies the reserve then moves on to recovery. Obviously, this is a layman's opinion. JLA
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