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


To: knight who wrote (7780)1/3/1998 1:30:00 PM
From: Henry Volquardsen  Read Replies (1) | Respond to of 20681
 
knight,

The pilot test run will be monitored by a third party, mechanical engineers I believe. I agree that this production assay and proving the scalability is very important. However the additional labs were not brought on to merely confirm Ledoux's work. The group of labs will be working on determing the full extent of the deposit and size of the reserves. This will be important from two perspectives. Future financing needs but also so that the company knows where best to start production.

Henry