To: GlobalMarine who wrote (6598 ) 12/7/1997 6:06:00 PM From: liontamer Respond to
to all. sorry, i just got back from las vegas yest. and dont have home access to the internet and had to come by the office to say hello. i h ad an interesting visit to franklin lake. i met jimmy john, greg, matt, russ, jeff, bob, tom, doug, austin lett, dr. johnson, all for the first time. remember, these are only my opinions and not based on any completed assay results that are in the hands of anyone that i know. first, i was reinforced in my belief that jimmy is in full charge. he now however has two highly professional associates on board in mr. lett and dr. johnson. the future of naxos as the largest precious metals find in the history of the world in my opinion is a fact waiting to be announced. jimmy could not release certified numbers thurs. or fri. because he couldn t get that little piece of paper out of ledoux. why? because dr. bloomberg took off and went to wash. d.c. without telling us. sorry this is one long paragraph but i dont know how to stop it and start a new one. p maybe i just learned how. the people i met at the lake including david snow barry downs ed l. etc asked appropriate questions as i saw it. my question was how long do we stay with ledoux labs when they obviously do things at their own pace and are so slow to release the inevitable outrageously high numbers that are undoubtedly forthcoming? the answer i got was ???? the next answer i got was we are contracting one or two other labs to do check assays along with ledoux. the gist of the answer was that ledouxs results and those of the check labs will not be too far off. e enough said about that. iwas also taken aback by the emails i received asking me to get off this forum. i am only trying to give my opinion to those who wish to take the time to read it about a company that i have been involved closely with for seven years. i have never bought any other stock. i never plan to buy any other stock. i put my entire pension plan in naxos and two years ago took it out early and still owe the irs a lot of money. that was for a paper profit and early withdrawal penalty. but, i have no worrys. the scenario will develop as follows; first, certified chain of custody, results from ledoux labs as well as others. second, financing will be arranged through one or two large private placements. third, a five ton per day pilot plant will be built and certified production numbers will be released. these numbers for production will be in the multiple ounce per ton for gold and, as groves and blackman stated in the past, ten times as much for the platinum group of metals. the timing for one and two above should be within ten to fourteen days. the timing for the plant production certification is 3 to 6 months, but at least the equipment has been ordered for this plant or so we were told on last thursday at the meeting. p please remember these are my opinions and conclusions after my visit to franklin lake and to those who asked me to tone down my enthusiasm on this forum all i can say is i tried. your friend, the liontamer.
