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Gold/Mining/Energy : Naxos Resources (NAXOF)

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To: Carlo who wrote (7003)	12/11/1997 10:18:00 AM
From: Henry Volquardsen	Read Replies (1) of 20681

I think Ledoux is much more concerned about their reputation and getting this right. They have an excellent reputation to protect. I don't believe they are concerned about their other customers. After all think of it this way. If the JL process is what we believe it is (it is) Franklin Lakes will not be the only site with this type of deposit. Think of the explosion of new business for Ledoux as they perfect their understanding of the process and become the lab of first choice for testing a multitude of similar deposits.

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