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: Kim W. Brasington who wrote (9137)	2/16/1998 12:24:00 PM
From: Tom Frederick	Read Replies (1) \| Respond to of 20681

Kim, A couple of questions if you get a minute. Do you know how long the 204 hole drill program would take to complete? Is the equipment for this program also on order like the recovery equipment? Would that constitute an "inferred" reserve drill program within the grid area of that program or "probable"? How deep is this 200+ drill program supposed to go? When is it scheduled to commence? OK, I'm taking a breath now. If you get a chance, thanks for your input on this. Regards, Tom F.

To: Kim W. Brasington who wrote (9137)	2/16/1998 4:26:00 PM
From: mfgrep	Read Replies (1) \| Respond to of 20681

From the last posting with regards to the Johnson/Lett process and Noxos' procurement of the proprietary process: Naxos, I believe, delayed it four weeks. (or whatever length of time that it was) I marked the date at the time of this announcement in my computer for the deadline for us to pony up. The deadline date is this Saturday Feb.21. Seems strange that the final date would be placed on a Saturday! Jason

To: Kim W. Brasington who wrote (9137)	2/18/1998 10:54:00 AM
From: knight	Read Replies (1) \| Respond to of 20681

Kim, thanks for the response. I'm still confused and concerned in regards to the J/L "process" and the large amount of funds involved. From your response, I am assuming the next payment is based on the "assaying technology" and not whether the technology can be applied to an economic recovery process as would be established by the 5 TPD pilot plant? According to the Feb. 2/98 release, CMRI are conducting "due diligence" on the J/L process. Will this be the determining factor in the next payment to J/L? Thanks for your patience, Kim. knight