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Gold/Mining/Energy : Naxos Resources (NAXOF)

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To: Graystone who wrote (6387)12/17/1997 2:43:00 AM
From: Graystone  Read Replies (2) of 20681
 
A New Science ?
or
Drafted by the MBA ?

We need not go beyond the bound of reason in attempting to answer my simple question but it is certainly woth considering a few facts.
Many of you believe that NAXOF is a discovery of great import.

Step 1
Jan 17/1997
The Company has been advised by its consultants that this recovery process may be scaled up to conform to a commercial production process allowing for gold extraction from the Franklin Lake Property.
From the same release (phrase used several times)
Merwin White assay methodology

Step 2
What is the relationship between Merwin White and the Dr. Johnson. Did Dr. Johnson learn from Merwin White or vice versa.

February 10, 1997
After seven years and in excess of seven million dollars in exploration, research and development, the Company is extremely pleased with the continued increase in recovery rates that are being achieved by Ledoux & Company using the proprietary recovery process.

Did the NAXOF proprietary process, covered by NAXOF in the February news release, have any relationship to the Merwin White methodology in the January news release, the one that was commercial ? Was Merwin White payed any fees for his participation or for the licensing of his technology. If the Merwin White methodology is not the one mentioned in February then is this NAXOF methodology unrelated to the Merwin White Methodolgy.

This proprietary technology that is referred to above, is it NAXOF's ? It would seem to be, they use the word proprietary, certainly they wouldn't use your money to finance somebody else's technology for seven years and not tell you would they, heheheh, would they.

So again.
What is the relationship between Merwin White and the Dr. Johnson. Did Dr. Johnson learn from Merwin White or vice versa.

October 9, 1997
Initial testing results of this new technology are encouraging.

I see a completely new technology is introduced here, one that belongs to Johnson-Lett. A real breakthrough in science, heheheh.

Who really owns this new technology ?
What does the word proprietary mean ?
How long....? How much...? Who developed it...?
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