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Gold/Mining/Energy : Naxos Resources (NAXOF)

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To: mark silvers who wrote (5810)	11/21/1997 4:09:00 PM
From: KRosenfeld	Read Replies (1) of 20681

Mark, I don't think that you can say that one number will make anybody happy. That one number is already on the table (granted it is not COC). What I would like to see is that the range of numbers from the different samples (5 holes - different depths) show Au equivalent numbers consistently. And based on the recovery numbers in that August press release, I would be ecstatic with numbers in the range of 0.60 oz/ton. This would equate to recovery numbers approaching 3 oz./ton if we extrapolate from the last set of numbers. Ken Rosenfeld

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