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Gold/Mining/Energy : Naxos Resources (NAXOF)
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To: Richard Mazzarella who wrote (9847)3/12/1998 5:14:00 PM
From: mark silvers  Read Replies (1) of 20681
 
Richard
No my pom poms dont feel attacked. The reality is, that Naxos has more certified results than gpgi and Maxam. You can bet what the results will or will not show, and what is "in the works" but nobody else give credence to that. Claims of tonnage and property and economic viability do not matter. Certified results matter. Nothing else. The rest is hyberbole.
Both Naxos and Maxam should be into production at some point this year, the results of which will give us hard proof of claims that either will or will not pan out. That is what matters. It is impressive that Naxos can get results from holes a little over 1 mile apart to a depth of 250 feet. It does not mean that there is gold in between those holes. The 250 hole drill program will go a long way towards the determination of that. Not our respective opinions.

Mark
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