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Gold/Mining/Energy : Naxos Resources (NAXOF) -- Ignore unavailable to you. Want to Upgrade?

To: Graystone who wrote (6387)	12/4/1997 10:24:00 PM
From: Eric Tai	Read Replies (1) \| Respond to of 20681

Graystone Thanks for your helpout. Unfortunately, you are like HL, are way behind in due diligence. Doug had posted that Merwin White article thousands of posts ago and we had discussed it. I and Doug also have another piece of Merwin's info and if you are interested, you can dig through the old posts to find it. As Merwin's involvement with Naxos now, you can also find it in the old posts. Good luck and keep digging.

To: Graystone who wrote (6387)	12/5/1997 12:13:00 AM
From: Brian Hutcheson	Respond to of 20681

Graystone , thanks for the information on M. White from infoseek It sounds like they are selling gold mining franchises of 1/4 square mile for $100K , then offering to process the material . I have to agree it sounds strange , since why would they not develop the property themselves ? Brian

To: Graystone who wrote (6387)	12/11/1997 3:57:00 AM
From: Graystone	Respond to of 20681

Why I am Still Here. or What Would You do Without Me A mighty shot from one the NAXOF big guns..... Missed me, might get a lot of ducks though. I told you it was a scam and you didn't believe me, now you know it is. All results are from the Johnson Methodology which I mistakenly referred to as the Johnson-Lett process. Imagine that. (I wonder if Lett still owns part of that Johnson Lett Company). No more mixed numbers here, now you got the straight guff, everything is going to be real good now. heheheh. You are a complete sucker if you don't duck when you see this one coming. I told you it was coming, didn't I. Ledoux can assay cow pies till the cows come home, it won't change the fact that the cows will come home. Did you think I was guessing when I told you that you would have to rely on the Johnson-Lett process, or that any kind of answer was a long time away. I didn't think they would make demands for new equipment too. heheheh How much of your money is going to disappear here, that is a good one for you calculating types, go figure out how much money your new "patent pending" process will cost to evaluate. I wonder, is Letts name coming off the patent as well. I must admit, I do have a small advantage here. I have approached the problem methodically and with an open mind for a long time. If this is you're idea of a tasty bone, choke away. If you get a break, you should enjoy it, it means you yield more when recovery occurs. 1995 Treasure Ahead, 1998 Treasure Ahead. heheheh Lett the Engagement Begin

To: Graystone who wrote (6387)	12/17/1997 2:43:00 AM
From: Graystone	Read Replies (2) \| Respond to of 20681

A New Science ? or Drafted by the MBA ? We need not go beyond the bound of reason in attempting to answer my simple question but it is certainly woth considering a few facts. Many of you believe that NAXOF is a discovery of great import. Step 1 Jan 17/1997 The Company has been advised by its consultants that this recovery process may be scaled up to conform to a commercial production process allowing for gold extraction from the Franklin Lake Property. From the same release (phrase used several times) Merwin White assay methodology Step 2 What is the relationship between Merwin White and the Dr. Johnson. Did Dr. Johnson learn from Merwin White or vice versa. February 10, 1997 After seven years and in excess of seven million dollars in exploration, research and development, the Company is extremely pleased with the continued increase in recovery rates that are being achieved by Ledoux & Company using the proprietary recovery process. Did the NAXOF proprietary process, covered by NAXOF in the February news release, have any relationship to the Merwin White methodology in the January news release, the one that was commercial ? Was Merwin White payed any fees for his participation or for the licensing of his technology. If the Merwin White methodology is not the one mentioned in February then is this NAXOF methodology unrelated to the Merwin White Methodolgy. This proprietary technology that is referred to above, is it NAXOF's ? It would seem to be, they use the word proprietary, certainly they wouldn't use your money to finance somebody else's technology for seven years and not tell you would they, heheheh, would they. So again. What is the relationship between Merwin White and the Dr. Johnson. Did Dr. Johnson learn from Merwin White or vice versa. October 9, 1997 *Initial testing results of this new* technology are encouraging.** I see a completely new technology is introduced here, one that belongs to Johnson-Lett. A real breakthrough in science, heheheh. Who really owns this new technology ? What does the word proprietary mean ? How long....? How much...? Who developed it...?