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

To: W.F. Schwertley who wrote (10712)	3/20/1998 3:23:00 PM
From: mfgrep	Read Replies (4) \| Respond to of 20681

WFS-- Sounds like great fun to travel on two wheels...I'm a young man, however, I know that my buttocks could not handle that trip...I sold my motorcycle years ago. With regards to the J/L method: I know that I will be beaten up for this...but here goes.... We are assaying nice...very nice numbers without the use of the J/L method. This is great news. When I invested in this company originally I had hopes that J/L would be groundbreaking and would be sought after by all in the mining biz. I am greatly pleased to learn that our particular dirt needs no "special magic" or special method to extract the shiny stuff. Prior to the last few months (few press releases) I had become disheartened and believed that Naxos was attempting to persuade the public that we could extract gold from F/L only by using our special method developed by Dr. Johnson. This would be a hard pill to swallow and I think that Naxos had been using the J/L as a kind of sales pitch to attract investors. I also believe that Naxos now realizes and has now proven that we have a huge supply of readily and normally assayable gold. Our sales pitch has changed....and we are now closer to our goal. I'm not saying to forget J/L...but let's face it...we can extract big numbers from standard procedures...the J/L method is obviously costly and thus far unproven. Now that we have proven reserves by standard testing methods, both myself and certainly the general public will be much more apt to believe in our product. We are not using any "special magic" in order to produce gold...just standard fire assay. As you can tell...I am a novice with regards to the "science" that is involved in the mining and extraction biz. I can tell you all that we are in a much better position now that we have proven that the J/L method is not a necessity to the viability of F/L. If the J/L method increases our oz/ton...well then....let's all top our investment with some rainbow colored sprinkles. Caviar Dreams everyone, Jason