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Gold/Mining/Energy : Naxos Resources (NAXOF)
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To: Max Haber who wrote (7850)1/7/1998 6:27:00 AM
From: Henry Volquardsen   of 20681
 
Max,

My understanding of what is happening with the other labs is as follows (some of this may be already be known but I will include it for completeness): There are three other labs beside Ledoux. One of these labs will process the ore for the other three labs. When the ore was processed by the first lab a sample was sent to Dr Johnson to check if the processing had been done correctly. If Dr Johnson confirms the process was correctly performed then the rest of the processed material, which was kept under custody by the processing lab, will be sent to the other labs for assaying. I don't know if Dr Johnson is checking the processing on only the first set of material or if this will be an ongoing part of the process. The assay to be conducted has been promised a quick turn around but I have not heard the 5 day commitment from anyone at the company. The reason the turn around can be quicker is that thi will be more of a "cookbook approach" to borrow Kurt's phrase and not an extensive analysis of the proces itself.

Henry
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