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Gold/Mining/Energy : Naxos Resources (NAXOF)
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To: Kim W. Brasington who wrote (7462)12/18/1997 1:17:00 AM
From: Doug Meetmer   of 20681
 
Kim,

If standard fire assays routinely returned values of .065 OPT, then
we would have nothing to worry about and there would be
considerably more interest in Naxos than currently exists. The
problem is that standard fire assay on Playa material routinely gives
negligible gold, not .065. That is precisely why we have been
wronged all of these years and why the ASE halted Naxos and
refused to let it trade again.

Take care,

Doug
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