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


To: sh who wrote (6941)12/11/1997 12:42:00 AM
From: Eric Tai  Respond to of 20681
 
sh,
I am thinking along the same line.
The reported number on gold by Ledoux at least indicated that
Ledoux had done tests on those 3 samples and came up with the
numbers. The fact that Ledoux was willing to release the gold
numbers but not the Pt numbers indicated that the gold numbers
are much more consistent than the Pt numbers. So I will have to
think that they must have some consistency in the gold numbers
before they are willing to release them. JMHO.



To: sh who wrote (6941)12/11/1997 12:53:00 AM
From: GlobalMarine  Read Replies (1) | Respond to of 20681
 
sh: You make some good points. Indeed, Ledoux wouldn't have allowed this press release to be issued unless they were pretty confident in the numbers. I guess Ledoux wants to repeat the tests to absolutely confirm repeatability & consistency before certifying the results, and inconsistency is why platinum results won't be released yet. But if gold assays are confirmed, Ledoux can take as long as it likes to confirm the PGMs, as far as I'm concerned!



To: sh who wrote (6941)12/11/1997 1:01:00 AM
From: knight  Read Replies (1) | Respond to of 20681
 
sh, I think Ledoux should have certified these numbers
prior to the release. If the results were so-so then
that's fine but considering these kind of figures and
the time interval until final certification, we could see
some wild speculation in the stock price. That's OK by
me as it could present some great trading opportunities.
It almost looks like they may have misplaced the decimal
point, 3.0 OPT? wow!

knight