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Gold/Mining/Energy : Naxos Resources (NAXOF)
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To: knight who wrote (7784)1/3/1998 6:21:00 PM
From: mark silvers  Read Replies (3) of 20681
 
Knight
Okay, okay, I held out for a long time, did the best I could.... now I'm back.

To answer a couple of your concerns;
1. The lab testing and the pilot plant are not exclusionary events. That is to say that they will both be happening but concurently, not one after the other. The pilot plant will proceed as soon as the equipment is delivered and installed, and permits are in hand.
Lab testing is going on as we speak. I believe at least one of the other labs is getting close to being up and running, but I am not 100% sure of that. Perhaps Kim can confirm that for us.
2. When the pilot plant was announced at the Franklin lake roadshow,
It was also announced that they would be bringing in an enginering firm to do a 100ton production assay when they where up and running. (at least I think the term was a production assay, but you get my drift)
It sounds like Naxos mangament has already thought of and addressed your concerns. (sorry, didn't want the pom poms to get rusty)

mark

mark
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