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

To: Larry Brubaker who wrote (6962)	12/11/1997 3:21:00 AM
From: GlobalMarine	Respond to of 20681

Hi Larry: Your question has been my key question about the recovery processes of the desert dirt companies. For various reasons (I'm not a chemist so I can't elaborate technically), sometimes chemical reactions do not scale up linearly; that is, as you increase the amount of inputs , the proportion of output products changes. My understanding is that one of the problems with some of the past recovery processes Naxos had tested and rejected was that although on a bench scale, gold recovery looked great, when you tried to scale up, you lost the gold. If memory serves, there was mentioned in the first COC press release that a bulk sampling test of some 200 pounds was to be undertaken. I don't think there's been any news on this yet.... anyone care to comment here? As far as the Johnson process itself goes, we won't learn anything about it until the patent is issued for the same, and that'll take some two years. I suppose if the patent application were rejected, the company would try to keep it an in-house secret for as long as possible. Regards, Rand