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

To: Austin Sherwood Lett who wrote (7215)	12/13/1997 4:00:00 PM
From: Bear Down	Respond to of 20681

Thank you Austin. I was referring to the terminology used by Naxos themselves in the news release. I was just trying to find out if you were still involved. From your post I take it that you are. When Naxos referred to it as "Johnson Methodology" it led me to believe that MAYBE you were removed from the picture since it had previously been reffered to as the "Johnson-Lett process" Glad to see you are still onboard and I certainly don't wish for my doubts to be taken personally by you or anyone else. As you are well aware, this is a money game and there is no prize for second place, except an empty wallet. Take care and wishing you all the best.

To: Austin Sherwood Lett who wrote (7215)	12/15/1997 2:20:00 PM
From: Larry Macklin	Respond to of 20681

austin, could you please tell what naxos must do to retain exclusive rights to the johnson-lett process? there seems to be some confusion as to whether they have 90 days or 210 days from the start of the agreement to retain exclusive rights. thank you larry

To: Austin Sherwood Lett who wrote (7215)	12/15/1997 9:42:00 PM
From: ShoppinTheNet	Respond to of 20681

Mr. Lett with the Johnson technology could you clue me in on two items. (1) If you were to bring on a new lab to verif the process, what is the estimated time one could expect for a lab of high quality to learn the process and to then verify and certify drill samples on their own? (2) Can this porcess recover Gold and paltnum at the same time or do you have to tweek it for the specific PM? Thus the need to run a test for each specific PM. Thank you and as always just sitting out here waiting two more weeks.

To: Austin Sherwood Lett who wrote (7215)	12/22/1997 4:45:00 PM
From: mark silvers	Respond to of 20681

Mr. Lett Could you please answer the following question? There has been some discussion on this thread as to the efficiency of J/L process as it pertains to scaleup. Do you and/or Dr. Johnson have an opinion as to what kind of results can be expected when the J/L process moves out of the laboratory and into production? Do you expect any degradation in results? It would be very helpful if you could answer this. If by answering you feel that you be comprimising the efforts of naxos in the big picture, please do not do so. However, any light that you could shed on this subject would be very helpful. Thanks In Advance, Mark

To: Austin Sherwood Lett who wrote (7215)	12/22/1997 6:31:00 PM
From: Lawrence Brierley	Read Replies (2) \| Respond to of 20681

Mr. Lett, I would just like to add to Mark's latest post so that you could perhaps address this at the same time. Is the $100/ton estimate independent of the number of elements sought or would costs rise significantly for recovery of silver and all of the other rare earth elements which have not been much discussed in recent releases. Also will the five tpd plant be looking for recovery of all PMs or only gold and platinum? Many thanks. Lawrence