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Gold/Mining/Energy : Naxos Resources (NAXOF)

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To: jbIII who wrote (14844)	7/27/1998 9:12:00 AM
From: Richard Mazzarella	Read Replies (1) of 20681

John, <<right question, how big is a sample?>> My concern is that it has to be large for the small numbers presented. A placer deposit isn't necessarily homogenous. A statistical "nugget" per 10 tons may give ~0.05 OPT on the average. Kitty would suggest an occasional sparkplug. <VBG> Do we have any information on the statistical distribution characteristics for the ore?

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