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Gold/Mining/Energy : Naxos Resources (NAXOF)
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To: BGM who wrote (16400)9/30/1998 9:05:00 AM
From: Tom Frederick  Read Replies (1) of 20681
 
Brad, looks like you have some time on your hands. That's a hat trick to me, three posts in row! It was the institutional investors who said fire assay was essential. If you recall, the switch to fire assay was also the time when the Naxos management was making trips into NYC to talk to the big money people. Which also produced the relationship with CPM Group. It was a universal comment that SFA was absolutely necessary to get big money interested in FL. Based on that direction, they then proceeded to tighten up the testing to be sure that Ledoux could come up with a repeatable, reliable test format for SFA. John Norton was brought in to spear head the effort and we all know the rest of the story.

Tom F.
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