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

To: mark silvers who wrote (8719)	1/29/1998 5:23:00 PM
From: mark silvers	Read Replies (1) \| Respond to of 20681

close 5.625 hi 5.625 lo 4.875 vol 51,900

To: mark silvers who wrote (8719)	1/29/1998 11:50:00 PM
From: sh	Read Replies (1) \| Respond to of 20681

Mark, good observation regarding the timing. Note that they don't specify the method(s) used to assay the ore. They talk about "Fire Assay, Nickel Sulfide Fire Assay, and Chlorine/Bromine Leach" for the next round of testing but one does not know what the reported results were the product of. Those who have been touting Maxam as being a better buy than Naxos have some explaining to do. The results, while not too bad given what I understand a conventional mine's average return is, are dwarfed by Naxos' recent results. Moreover, as I understand it, Maxam's property is also a non-conventional desert dirt property.