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

To: Alan Vennix who wrote (7185)	12/12/1997 10:58:00 PM
From: Bear Down	Respond to of 20681

Thank you Alan....

To: Alan Vennix who wrote (7185)	12/12/1997 11:16:00 PM
From: Lonnie	Read Replies (5) \| Respond to of 20681

I have been following most of the desert dirts with much interest. Instead of hopping in to buy any of them I have been waiting for one of them to prove that the technology exists to remove the gold and other metals with a method that is economical.I was hoping that Naxos would be the company that could do that. After reading the NR over and over again I still have some nagging concerns. 1.Where are the results on the remaining 315' of the drilling? 2.As mentioned a few times earlier it does seem odd that the 3 grades released are exactly 100' apart. 3.After the BRE-X fiasco why would anyone release results as good as these without proven COC? 4.Has this technology been secured with a patent or a patent pending? 5.Can the company supply this # or have they in a previous post? 6.How come Mr. Lett has disappeared as fast as he appeared? 7.How long will the company mine 5 tons per day? At todays price of gold at 3 oz. per ton for 30 days in a month is about $130,000.00 per month before expenses. If anyone can answer any of these questions I might feel better about putting my money into NAXOS. As an outsider looking in, this company doesn't go out of its' way to encourage new investment. Any responses would be greatly appreciated.