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

To: Graystone who wrote (9879)	3/13/1998 8:42:00 AM
From: jlallen	Respond to of 20681

Mr. Graystone: Why don't you speak directly? Yesterday you posted that Behre Dolbear was fired by the company. That is false. Behre Dolbear was hired to supervise and drill the COC material from Franklin Lakes which was used in the latest assaying. Behre Dolbear drilled the material and delivered it under COC to CMRI which I understand prepares the samples under COC and sends them under COC to Ledoux and RMG. As I understand it the samples are prepared for assay by CMRI using the J/L technology and the resultant ore is tested using a standard lead fire assay. Simply put it was not cost effective to keep paying Behre Dolbear when their part of this process was complete and CMRI was preparing the samples anyway. Naxos elected to do a direct deal with CMRI and save a few bucks. As a shareholder, I'm glad the company is making wise use of its cash. The release (although not perfect in form or substance) seems clear to me, exactly what are you questioning? What "variance" are you referring to in your post? I would agree with you that it is good news that JJ has resigned for a number of reasons. However, while everyone is entitled to their opinion (opinions which differ from mine do not necessarily make me conclude you are an ah* as others have posted) I can't follow your posts. Its obvious you think the company is running a scam but why? How have Ledoux and now RMG been duped into participating? Personally, I thought the news of JJ's resignation coupled with the results from two independent labs was the best news the company has ever put out. Personally I'm much more confident in my investment at this point but as a prudent investor still willing to consider well reasoned and differing opinions. Please respond (directly and without epistles, etc.). JLA PS If anyone else differs with my understanding, feel free to comment.