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

To: bill maghan who wrote (7063)	12/11/1997 4:11:00 PM
From: Carlo	Read Replies (4) \| Respond to of 20681

The headline could have read "Billion dollar gold reserves likely to be proven at Franklin Lake. Micronized gold recovery from the large homogenous ore body may be worth billions if Ledoux & Co. continues to show large oz/ton recovery capability of the Johnson Methodology. Preliminary test results from chain of custody samples.............................etc, etc, The big bang didn't occur because the unfamiliar investing public has no clue what significance 3 oz/ton means. Had the release indicated that 2.5 billion tons of ore were available on the property and could be cheaply dug from the surface, maybe we would have received a little more attention. The release was anything but thorough (a few good numbers, only). I remember when Naxos used to release much more in depth info about the hole depths. When Ledoux certification comes, maybe we will also get better headlines.