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Gold/Mining/Energy : Naxos Resources (NAXOF)
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To: Kim W. Brasington who wrote (4439)10/9/1997 11:43:00 PM
From: Lalit Jain   of 20681
 
Kim,

Thanks for the release. I would take this as good news and that the future for Naxos could be quite exciting. Otherwise, why would Naxos pay Johnson-Lett upto $5M and 10M restricted shares if Naxos exercises all the options to use the Johnson-Lett technology. The release also says that the initial testing results using the new technology (Johnson-Lett methodology I suppose) are encouraging.

Can I assume that the results may at least be as good as the results in the last release ? And yes, Dr. Johnson's and Mr. Lett's credentials are very impressive indeed.

Regards, Lalit Jain
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