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Gold/Mining/Energy : Naxos Resources (NAXOF)
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To: mark silvers who wrote (20007)11/4/1999 12:00:00 PM
From: Tom Frederick  Read Replies (1) of 20681
 
Mark, It gives me chills to even think about a return of J/L to FL. Having said that, I believe at this point that all of our attention needs to be on the brine recovery testing. If the brine is indeed rich in not just Lithium, but a variety of elements out of the 40 they are looking for, then the brine deal will be the one which creates an opportunity for everyone to choose their exit point.

For myself, if I am able to get back in during the next few weeks before numbers are announced, I doubt I would want to be a shareholder if even the possibility of a J/L return.

But if the brine proves valuable, then clay testing will become just the gravy to the core revenue from brine recovery and therefor of much less importance than in the past.

I have given up thinking about 2 opt gold results so that is not what I think about or talk about. This is a brine recovery deal for now.

So let's see what happens with the drill results.

Tom F.
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