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Gold/Mining/Energy : Naxos Resources (NAXOF)

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To: mark silvers who wrote (17146)	12/10/1998 11:32:00 AM
From: Tom Frederick	of 20681

Mark, Looks like they plan to establish repeatability but get right into re-configuring the pilot plant for recovery of bulk samples. If these numbers can be repeated in bulk sampling in a recovery operation, we're back to the races indeed! Let's see now... .26 opt X 2 billion tons = 520 MILLION ounces Yup, that sound good to me! I'm out of the office for the balance of the day. Talk to you tomorrow. Tom

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