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

To: Kim W. Brasington who wrote (9812)	3/12/1998 3:29:00 PM
From: Richard Mazzarella	Respond to of 20681

Kim, thanks for posting. Numbers that I would expect, although no PGMs at this time. One can believe these numbers. The issue will now be the cost of extraction.

To: Kim W. Brasington who wrote (9812)	3/12/1998 3:32:00 PM
From: JMB55	Read Replies (2) \| Respond to of 20681

Thanks Kim. Now _this_ is what I was looking for. Lurker Jack

To: Kim W. Brasington who wrote (9812)	3/12/1998 3:41:00 PM
From: Paul Salber	Respond to of 20681

Kim, GREAT ! GREAT ! GREAT ! this news is wonderful. Thanks... Those out there thinking this is anything less than phenomenal.... THINK AGAIN Paul

To: Kim W. Brasington who wrote (9812)	3/12/1998 3:43:00 PM
From: Ron	Read Replies (1) \| Respond to of 20681

Kim, can you tell us the type of assay procedure Rocky Mountain uses on the Naxos material? Ron W

To: Kim W. Brasington who wrote (9812)	3/12/1998 3:44:00 PM
From: Tom Frederick	Respond to of 20681

Kim, Thank you, thank you, thank you! Good solid numbers. With 1 to 3 billion tons of ore, this represents, at an average of .15 opt, about 150 to 450 MILLION ounces of gold! Does anyone seriously think this WON'T get some serious interest in the market? Also, this is standard lead fire assay so we know from previous non standard test methods, that once Naxos is on line with recovery, they can really start to use the preferred method of recovery to get the total value out of the ore. So I can only see these numbers going UP from here. Let the games begin! Tom F.

To: Kim W. Brasington who wrote (9812)	3/12/1998 3:45:00 PM
From: Doug Meetmer	Read Replies (1) \| Respond to of 20681

Kim, The most well written release to date, IMHO. One question, where the release says: <<The following certified results were obtained by standard lead fire assay procedure, provided by Dr. Al Johnson to the two laboratories. >> Does that imply that Dr. Johnson provided a protocol that called for his methodology to be applied, followed by a standard fire assay? Am I to assume that Dr. Johnson never had his fingers on the samples? Why after all of these years of NOT being able to show gold with standard fire assay are they able to show it now? Is it because as part of the protocol supplied by Dr. Johnson the labs were required to do some special sample prep first? I guess I am just confused as to why Dr. Johnson needed to supply a procedure to the labs when that procedure has been known for a century. Please elucidate if possible. Doug

To: Kim W. Brasington who wrote (9812)	3/12/1998 6:50:00 PM
From: Kurt R.	Read Replies (1) \| Respond to of 20681

Encouraging numbers. The wording of the release could be better though. Instead of spending one whole paragraph on the credentials of RMG and some fluff about BD, they could have explained what the "standard fire assay procedure, provided by Dr. Al Johnson" means. Give us specifics, not some hollow phrases! Besides, what happened to the deal between Naxos and J/L? Any newsworthy turn of events there? If yes, why not report it? If my memory serves me well, J/L was to be awarded 10 million shares and JJ was to receive the voting proxy those shares. Now that Mr. John resigned who will get the voting proxy? Anybody? Guys, your releases could be a lot better. Looking forward to your next release that hopefully can be understood by a "non-Naxonian" Kurt