Lonnie,
I've been following (and invested in various of these companies) for over 2 years now, and while I'm certainly not the Naxos expert, I'll take a crack at some of your questions.
(1)B-D drilled 5 wells and supplied COC samples to Ledoux. These are the first 3 of many, many samples that will have to be processed.
(2) My guess is that they took the samples at 100' intervals to get a feel for gold content vs depth, although I don't know how/why they started at 135'.
(3)These were COC results - Ledoux will repeat on additional COC samples and then "certify", whatever that entails.
(4)/(5)Patents are in the process of being prepared, some may have been filed but I don't know that for a fact.
(6) I assume Mr. Lett is a busy man, and contrary to what Michael Grasso believes, I doubt he reads this thread regularly. I assume/hope he has more important things to do.
(7) Have no idea - maybe you should ask Naxos, although I doubt that they have a frim schedule in mind either. If it works smoothly I don't know why they wouldn't continue to process ore from various areas of FL.
Hope that helps and, please, others jump in with responses to Lonnies questions.
Alan |
