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Gold/Mining/Energy : Naxos Resources (NAXOF)

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To: mark silvers who wrote (16883)11/4/1998 10:08:00 AM
From: Tom Frederick  Read Replies (2) of 20681
 
Mark, if I may, I would like to draw a subtle distinction on the "boy who cried ASSAY" analogy. In the case of the children's story, the boy cried "assay" knowing full well he was lying. In the case of Naxos crying "assay" I believe they simply got ahead of themselves. What they saw, to the best of there knowledge, was true. And to the best of their knowledge, what they announced was true. But in terms of science, the assays were far from being proven as a repeatable process.

As for today, here and now, if any other method can come up with a repeatable, reliable method for assay AND that method can be translated to recovery, then it may finally be time to yell "assay" over the fields, across the valleys on the tops of mountains etc. etc.
With the history of Naxos that is a very big IF.

For those who are still on this thread, ask yourselves a question...if this is one big goose egg, why are you still here?

It's a simple question. But the answer is likely a little different for all of us. For those who are simply masochistic...there is not much that will help. For those who, regardless of history, still have a glimmer of hope, there must be an acceptance that SFA is dead and whatever method will rise to the top, it is brand new and therefor untested. And as a result, even if it works, we should plan on additional false starts and mistakes because we are still dealing with science and not some sterile, easy to follow, business plan.

For myself, I remain here because FL is still a 2+ billion ton deposit of SOMETHING. And I want to know once and for all if it's a 2 billion ton bunch of worthless dirt, or the worlds hottest place to work, or the worlds largest deposit of cactus, or one of the richest PM deposits ever found that will turn the mining world on its' ear. We don't know yet which one it is, but it was a high risk when I invested in it, and that's what it remains.

Tom F.
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