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

To: mfgrep who wrote (10724)	3/20/1998 3:34:00 PM
From: mark silvers	Read Replies (2) \| Respond to of 20681

Jason <<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.>> I agree wholeheartedly. <<Now that we have proven reserves by standard testing methods, >> We dont have proven reserves yet. We do have proof of the presence of gold. Proven Reserves will hopefully come in the near future. Mark

To: mfgrep who wrote (10724)	3/20/1998 3:50:00 PM
From: W.F. Schwertley	Read Replies (2) \| Respond to of 20681

mfgrep, I agree with much you have to say, especially about the Johnson/Lett process. However, I have yet to be convinced that Naxos dirt has 'normally assayable gold.' The PR does not say what method was used and as such, I tend to conjure up the worst possible scenario. Did Naxos revert back to the ASE disputed fire assay? Too bad about the motorcycle trip. I was really hoping that The Saint, you & I could man-bond ;o) Maybe next year. WFS

To: mfgrep who wrote (10724)	3/21/1998 3:54:00 PM
From: Alberto B. Plata	Respond to of 20681

if it could be assayed... it could be extracted. problem is... it is not the simple. we can post another 10,000 messages in this thread but it will not matter until we have an economic feasible method of extracting the PM in commercial quantities. this is an constructive comment.. please do not get personal.

To: mfgrep who wrote (10724)	3/21/1998 4:20:00 PM
From: Keith Rowland	Read Replies (1) \| Respond to of 20681

As you can tell...I am a novice with regards to the "science" that is involved in the mining and extraction biz. Yep. 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. Uh Jason, I think you forget to remind yourself that you are a novice. Where did you get the crazy notion that Naxos has proven they can extract gold (not saying there actually is any) from Franklin Lakes? Keith Rowland