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: jlallen who wrote (12303)4/25/1998 2:00:00 AM
From: Larry Brubaker  Read Replies (2) of 20681
 
Don't recall whose. I do recall they were made when Naxos announced multi-ounces per ton from a few feet of one hole. I also recall that I was one of those suggesting it was ridiculous to project a multi-ounce, multi-billion ton resource from one drill hole. I also recall I caught flack on this thread for raising the suggestion that the dirt was not homogenous.

As I said then, it appears more and more like the mineralization of Naxos' dirt may be more like Maxam's (i.e., an average of less than .10, with some hot spots thrown in).

By the way, whatever hapenned to Naxos' pilot plant. I don't follow Naxos all that closely, but I thought I remembered the pilot plant was supposed to go on-line in April. Is my recollection faulty? What is the current status of the pilot plant?
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News