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

To: Henry Volquardsen who wrote (11198)	3/28/1998 4:56:00 PM
From: knight	Respond to of 20681

Henry, maybe late April early May? This would tie in with the 30 day extension to the JL agreement. Just guessing. Message 3715737

To: Henry Volquardsen who wrote (11198)	3/28/1998 5:53:00 PM
From: Dick Hoaxland	Read Replies (3) \| Respond to of 20681

Why is Naxos wasting monies on a orebody they don't even understand? There is no point drilling a placer type property if the ore cannot be processed by conventional means. You need to get the proper independent analysis done before you can think about building a pilot plant or drilling more holes. What is the status of the South Africans? No doubt these concerns will go unanswered as usual because of the child like state of this thread.

To: Henry Volquardsen who wrote (11198)	3/28/1998 6:50:00 PM
From: Steve Skapik	Respond to of 20681

Thank you Henry, I don't see the problem working with the pilot plant as part of the development of the mine. The recent standard fire assay results imply there is potential for both J/L and more standard recovery methods. That being the case, I was wondering which Naxos was leaning toward for INITIAL recovery work. Assuming that the above is true and it can run conventional as well as enhanced recovery methods, run the hell out of the pilot plant. If there are some inconsistent early numbers would that surprise many? Steve