Hi Larry:
<<Behre Dolbear delivered a report to Naxos on October 24, 1997 which states that "Behre Dolbear is of the opinion that the samples it
collected at the Franklin lake project have been reasonably secured
against tampering by anyone associated with Naxos from the time the
samples were collected until their delivery to Ledoux. To Behre
Dolbear's knowledge, all samples have been maintained in good
condition and have not been tampered with by anyone or handled in any unauthorized way between the time of their collection and their
delivery to Ledoux.">>
I was worried about the first sentence above, because it kind of made me wonder whether someone NOT associated with Naxos could have tampered with the samples. But when I read the rest of it, I felt totally comfortable with the wording. By way of example, when accounting firms do audits, the wording is very similar in nature. Check out audit report letters that accompany the year-end financial statements of public companies in their annual reports and you'll see that such letters express an opinion, not a statement of fact, that the financial statements are prepared in accordance with generally accepted accounting principles. This is because it is not possible to be totally 100% certain, so they must issue a statement of opinion, not fact.
As another example, ask yourself if any burglar could have broken into your home. You come home every night and there seems to be no forced entry and there seems to be nothing missing. There's probably a 99.999% chance that no burglar has broken in, but there's still that 0.001% chance. So you can't make an absolute statement of fact that no burglar has broken into to your home, only a strongly supported statement of opinion to that effect.
As regards the few assays released thus far, IMO, most of the time these past months have probably been spent by Ledoux evaluating the recovery process and its end products and we are therefore just now starting to see the first numbers come out. Perhaps gold assay news will come out more quickly and frequently now.
Regards,
Rand |
