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

To: Larry Macklin who wrote (7375)	12/16/1997 4:23:00 PM
From: Anne Lamb	Read Replies (1) \| Respond to of 20681

anyone gotten a closing price? thanks, A

To: Larry Macklin who wrote (7375)	12/16/1997 8:02:00 PM
From: Kim W. Brasington	Read Replies (2) \| Respond to of 20681

Larry: There are different manufacturers that are supplying the equipment for the pilot plant and labs. The cost is significant, which can be viewed as a confidence barometer that Naxos has vis-a-vis the Johnson/Lett process. The purchases are a 50% down and the rest on delivery type of transaction. A piece of misinformation needs to be dealt with in regards to this new equipment - all equipment was purchased from manufacturers and none of it was bought from either Dr. Johnson or Mr. Lett. Regards, Kim W.