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


To: Jerry in Omaha who wrote (10155)3/15/1998 10:56:00 AM
From: Anne Lamb  Read Replies (1) | Respond to of 20681
 
speaking of wondering.. it now appears..that the JL method wasnt tried and true..i would have thought if you were going to pay
10,000,000 that it would be pretty fool proof. and..while we are wondering..what is the point of several labs?..that old dreaded
moniker *world class* has been pinned on Le Doux..so why give it
to amateurs<the new labs in respect to the JL method> and then announce their unskilled numbers? to prove to the world you have
a huge reserve??? the world..at least the small world that even pays attention to this stock..would have been more than satisfied with
what LD had to report. Did LD get cold feet?
Kim's post on how the mining world is and how you get financing is right on target..but at some point..these new types of gold mine
projects are going to have to change that proceedure..all of the
DDs are suffering with the same malaise..the Standard Fire Assay.
NOt that they could change it on their own..but like GPGI..some will
just have to concentrate on the extraction method and start producing in enough numbers to get the market to respond. I dont think most here
realize that those bigger numbers here..as well as others posted by
IPM are more than likely accurate..but found with assay methods that arent accepted by the financial world. i just hope JL has some more
tweaks up his sleeve..and can pull this thing out..



To: Jerry in Omaha who wrote (10155)3/15/1998 11:34:00 AM
From: sh  Read Replies (2) | Respond to of 20681
 
Mr. Pearson,

Your points on the effect of power and the fear of the powerful of this great new forum for the exchange of information are well taken. Nonetheless, Naxos has acted somewhat contrary to the general attitude of companies when it comes to the internet. Why was Mr. Brasington hired? They found in him a very credible and respected person whose insights permeated this thread for some time. They were concerned enough about this thread to engage him as the official company spokesperson to the people here. While the cynical will say that he was hired in order to take away well thought out critiques of Naxos (IWA, we rarely hear Kim say something negative about the company, but then again he has always been as bullish as you about Naxos :), the flip-side is would you prefer that he not have been hired? We cann't have it both ways. While things aren't perfect, I think we have it better here than with most companies, especially companies that are still at the research and development stage, as is Naxos.

sh

(FYI: IWA = I will admit.)