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Gold/Mining/Energy : Naxos Resources (NAXOF)
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To: mark silvers who wrote (17172)12/10/1998 5:16:00 PM
From: Tom Frederick  Read Replies (2) of 20681
 
Mark, While there are legitimate questions that can be asked, I don't see how anyone can look at the best release we have had in a long time and only find the holes. This is recovery, not assay, so this is likely equal to what will/can be extracted. We have a lab willing to put their name on some very impressive numbers. (Remember U.S. average is .05 opt) Not only that but a second lab is getting results that "tend to collaborate Northwests results". This is the most definitive proof to date that their is indeed gold at FL. We would love to have a complete and thorough review of the testing, etc. but for now at least we have an answer to what they have been working on, why they let J/L move on (Northwest is getting great numbers) and what the next steps are planned and in what sequence. That's a heck of a lot more than we knew this morning.

Tom F.
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