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Gold/Mining/Energy : Naxos Resources (NAXOF)

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To: Graystone who wrote (6572)12/11/1997 3:58:00 AM
From: Graystone  Read Replies (9) of 20681
 
Giddy
or
Giddiots

I don't think I need to point out to all you giddy people the truth of this do I. No, you are just going to keep talking about ore reserves, production, 5 tpd, 100tpd. What you got is a clear sucker shot. Is nobody interested in this Johnson Methodology ? The pending "patent" on the Methodology. NAXOF doesn't even have to talk recovery because giddiots don't care. The next stage of the game is the completion of a large expensive bulk unit to demonstrate the feasiblity of the process. Imagine that. Sounds like a brand new approach to this Desert Dirt stuff.

The best part was Behre Dolbear saying this is the same dirt we locked away like you asked us to in July. We delivered the dirt to Ledoux... "Behre Dolbear is unaware of the specific analytical procedures being used on the samples at Ledoux and, therefore, expresses no opinion regarding the results of those procedures."

ya, no kidding

I "feel" you will all be quite giddy until you wake up and realize that these numbers are the product of your new "patent pending" process and not real assay results at all. The reason Canadians are so picky about these types of details is they are the basis on which mines will open, operate and be profitable. You can all hope away, I will continue to vist here and add my two cents worth whenever. This type of shot by the NAXOF is going to hurt a lot of small investors. It really is birdshot, it will not attract a single major or cause a desert staking rush, are you all so simple that you think the Johnson Methodology solves all your problems. Does it not conjure up any other images of "methodologies" you have previously had to endure on your treasure hunt.

Recovery cost and grades can be determined by production, start producing and all your problems disappear, you owners are never going to see your problems disappear.

You are all impressed by the numbers, your money will likely get blown out of your pocket, mine will not.

I can use the word SCAM when talking about NAXOF. Johnson Methodology, SCAM, Treasure Ahead, SCAM.

I have repeated myself here for the purpose of clarity. Nothing in this release leads me to believe anything is going to be different. I have complete faith that the sand was locked up until required, I do. I have complete faith that the pending patent will make duplication of the Johnson Methodology completely impossible without spilling "trade secrets", oh well, Treasure, four months ahead, everything is looking good, pretty soon now. Years pass. Treasure 4 months ahead, looking better and better, pretty soon now.

I think a few words are appropriate here . PT Barnum
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