SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Gold/Mining/Energy : Naxos Resources (NAXOF)

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Kim W. Brasington who wrote (10149)3/15/1998 3:00:00 PM
From: Kurt R.  Read Replies (2) of 20681
 
Kim: I understand that management needs some time to restructure before they go back to business as usual. However, I believe the following question, posted earlier, should be addressed:

The results released on 1-12-98 show an average gold content of 1,72 opt in a sample from hole 5, depth range 150' - 175'. By contrast, the most recent results for the very same intersection show a gold concentration of 0.082 from the very same lab! This is a deviation by factor 20!!! What happened? Does the company see any need to explain this?

Could you take a stab at it? Anybody?

It has been discussed ad nauseam on this thread about how easy it is to run a test that shows no gold, but how difficult it is to prove the real gold content in a sample. Nevertheless, a "world class referee lab" ran both tests. This unexplained discrepancy could cause Greystone to post the following message:

Where did the gold go in the second sample?

or

Where did the gold come from in the first one? hehehe

We don't want to be subject to ridicule by a janitor.

Kurt
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext