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Gold/Mining/Energy : Naxos Resources (NAXOF)
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To: jlallen who wrote (11287)3/30/1998 3:33:00 PM
From: Jim  Read Replies (2) of 20681
 
To All,

Thanks for the responses to my earlier question today regarding
the pilot plant, but hasn't Naxos been drilling and testing areas
of FL for years now ? Is it the COC numbers that are the issue here
rather than just proving up the reserves ? My point is that Naxos
has performed numerous assays on FL over the years and at what point
is it enough ? It appears that only until COC assays are produced
in a large quantity from multiple labs will it be enough. So, I suppose this means that the much anticipated pilot plant test of the
J/L process that many have been waiting for here is not as important at this stage of development as was believed just a few short months ago. How quickly things change...maybe it will be "2 more days" as
someone suggested, but now I'm wondering if it will be as much as "2
more years". Come on Naxos ! And keep those COC numbers coming out
at a quick pace !

Thanks,

Jim
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