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: Tim Hall who wrote (9601)	3/11/1998 5:25:00 PM
From: carl	Read Replies (1) \| Respond to of 20681

Tom and Tim - Thanks for the input on my reserve question. Tim, it sounds like you feel the Carlin deposit is somewhat similar to FL. But I don't believe you said what the appropriate spacing turned out to be to prove the reserve. Do you have that number? Thanks. On another subject, I t/t to Russ in IR last week on various topics and then wrote up my notes. I e-mailed them to Russ for a double-check that I had paraphrased him correctly. One of the items he mentioned that I was unaware of had to do with the number and size of institutional investors. Here's an excerpt from my notes - Russ said that NAXOS is collecting a large set of numbers for a single, blockbuster release as this is something the institutions interested in NAXOS (as well as Russ) have recommended. He said that 15 institutions, each managing assets over $1Billion, were given a presentation in January in New York. The presentation was well received and it is clear that these companies are watching NAXOS' progress. It is now incumbent upon NAXOS to put out the numbers. A year ago, there would have been no way that NAXOS would have been able to get these company's attention.