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Gold/Mining/Energy : International Precious Metals (IPMCF)

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To: mark silvers who wrote (28213)11/24/1997 8:30:00 PM
From: E. Charters  Read Replies (2) of 35569
 
When the Naxos samples were run through the lab by SRK some platinum was found. The consultants voiced the opinion the samples were salted. Ledoux, upon testing the reagants supplied by Naxos for fluxing the sample found platinum in these materials. This was sufficient to explain the values found by the assay process. This was reported by the Northern Miner.

Naxos did not win any dispute with the Alberta Stock exchange. They were delisted. The ratios of platinum metals that Naxos reported at first from their Franklin Lake deposit correspond very closely to the platinum metal ratios in a Bosch Aviation spark plug, but are not found in nature in any known deposit.
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