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Gold/Mining/Energy : Naxos Resources (NAXOF)
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To: Donald E. Aken who wrote (4445)10/10/1997 8:50:00 AM
From: mark silvers   of 20681
 
To All
Everyone, try to read between the lines of this annoncement. Forget about 210 days. You don't craft this type of agreement unless you already have REALLY strong indications that the process already works. Have they ever gone to these lengths on any other process that they've tested?
In the first paragraph, there are some telling statements. One includes the statement, "Naxos believes is a necessary first step in the DELINEATION of RESERVES and addresses ECONOMIC RECOVERY." It goes on to say,"Initial testing results of this new technology are encouraging". They wouldn't say that if they were coming up with numbers that were not what we saw in the prior release.
When you put this together, Don Aken is correct, you get the picture that Naxos believes they have an ECONOMIC process that works and that they are going to go about the process of building a huge mine.
With this release, we are all getting a peek at the future, and that future is golden. Naxos has given us a clear indication of the news that may only be days away.
I have never been so excited about any play that I have been involved with in my life. This is just my opinion, and you should all draw your own conclusions, but I stand by what I say.
Mark
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