Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Jim who wrote (8349)	1/21/1998 8:42:00 AM
From: Jerry in Omaha	Read Replies (1) \| Respond to of 20681

Mr. Jim, From my experiences with people in pain I have learned that it has a way of focusing attention on a single feature; often it is the pain itself or what ever is causing the pain in the first place. Thank you for your attempt at relieving the pain of others with accurate information; as in your posting where you say, "there are roughly 16 different "standard" lead fire assays." The hubbub about "standard" vs. "modified" fire assays is the biggest red herring of them all. Talking about the chemistry involved in assaying to an average investor is like trying to discuss polynomials with innumerates! The "Duh" factor is just ginormous. You can futz and fiddle till the cows come home to get ever more pure reagents and chemicals, ppt instrumentation and the like; but it really, in the long run, will not make anything happen for Naxos that will satisfy the hyper-inflated expectations of its shareholders. We will see a parade of certified numbers confirming the belief most of us have invested in. These numbers will be standard fire assay results. Let's see if the market buys into our convictions to the degree we think they should. Let's see what the market says after witnessing daily production from a pilot plant. Perhaps then our lofty expectations about this company's stock will begin to be realized. All fire assays that are not done on pure quartz with gold inclusions have some modification which has become accepted as "standard." Usually the modification has to do with sample preparation. In fact I have been told that the technicians at Ledoux believe that preparation is the key to a successful assay. From my understanding the Johnson modified standard lead fire assay is a method that, from all accounts, should gain as ready acceptance as other modifications have in the past. It's the Johnson Recovery Process that should hold our attention. Provable economic recovery transcends Franklin Lake itself and opens up the world. Jerard P P.S. I will be happy to email any spooked investor a press release about an article that appeared in the December 11, 1997, Nature, titled; "Scientists Show How We Learn to be Scared of Harmless Things."