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

To: jlallen who wrote (9458)	3/9/1998 9:42:00 AM
From: Tom Frederick	Read Replies (3) \| Respond to of 20681

Mr. Allen, Yes it was sarcasm. Seems to me the longer the space between news releases the more likely the posters here start thinking scam, conspiracy, serious problems etc. instead of simply that's how things have always been. When you refer to "hard information" I must ask you a question. What is your candid opinion regarding the numbers released as certified COC from Ledoux? I thought that this was very hard information and the information was extremely positive. Did the gold go somewhere since then? Do you feel 2.5 opt wont be profitable? Please explain what you feel is hard information as opposed to what we have seen so far. Also, what information do you feel will be sufficient to identify FL as a rich deposit, rich enough to be a successful mine? We have much work to do, proving up the ore body, multiple proofs from multiple labs, etc., but I personally cannot point to ANY information from the last 12 months that would suggest fraud or anything of the sort. I have seen what have been overzealous time estimates, unrealistic target dates, etc., but even that is getting better. So I am not unaware of the simple reality that this project has hit many bumps in the road, but the science, the hard information, has all been extremely encouraging. I do want to understand what you want to see in order to have full confidence in the truth of PM's at FL. Regards, Tom F.