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

To: Kurt R. who wrote (7826)	1/6/1998 4:13:00 PM
From: Henry Volquardsen	Respond to of 20681

Kurt, I see what you meant by "cookbook approach". But I would think as part of Ledoux's assignment to analyze the validity of the process they would need to come to a level of understanding greater than just following the recipe. I don't think they need to figure it out themselves, just understand it as if they had. The August numbers were not on certified chain of custody material which is why they are going through an extensive process. From the tidbits we have picked up on this thread it certainly appeared to me that they were still going through an educational process until recently. When the most recent numbers were released Naxos said Ledoux would retest the material for eventual certification. Since then we have had the holiday related days as well as the equipment breakdown which has slowed the process. Hopefuly these issues will be resolved shortly. Hopefully Kim or someone will comment on this. Henry