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Gold/Mining/Energy : Naxos Resources (NAXOF)
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To: Larry Brubaker who wrote (8003)1/13/1998 3:52:00 AM
From: GlobalMarine  Read Replies (1) of 20681
 
Larry: My guess (and it's just a guess) is that Ledoux didn't get around to assaying this 10-foot section and certifying the results...if they had, Naxos would have had to disclose them. Perhaps Ledoux had assayed it but got unusual results (too high or too low) and held back from certifying them.

I'm puzzled as to why today's press release involved sections of hole #5 that weren't on the first press release (130-135, 230-235, 330-335 foot sections not certified), as the idea was to repeat those non-certified assays for final certification.

Rand

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