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

To: Dick Hoaxland who wrote (11202)	3/28/1998 6:15:00 PM
From: Yin/Yang	Respond to of 20681

Mr.(Ms.?) Dick H. As my chosen name suggests Yin/Yang means balance (light and dark, good and evil) of the elements so I'd like to address your concerns too since you are considered to be on the other side of the coin. I agree with you on the independent analysis to be done before the pilot plant is in the works. I disagree with you on the drilling issue, but we'll see soon since we have a new 205 hole drilling permit. The South Africans are very important here because SA mining companies turned themselves around in the past 3 years, to be among the sleekest and most undervalued in the world and that is what Naxos needs in terms of know-how. And finally, mining is about wasting money wisely until you hit a homerun. But then it's not wasted. Have fun while thinking when to go long. Right Jerard ? To Johny N. Your so called sources are just that. IMO the John's are first about Jimmy and it's him who got the boot. I think the shareholders have made up their minds about Jimmy. He should be happy that he is still chairman because it will not be for long. Thank you Jimmy, so long.

To: Dick Hoaxland who wrote (11202)	3/29/1998 7:49:00 AM
From: Henry Volquardsen	Respond to of 20681

Good Morning Dick, Why is Naxos wasting monies on a orebody they don't even understand? How do you get to understand the orebody without spending money on it? Every orebody is a complex metalurgical puzzle and money needs to be spent to analyze it. Check any developmental mine. There is no point drilling a placer type property if the ore cannot be processed by conventional means. Based on the recent report from hole #5 they are able to obtain results in the .2 opt range on untreated ore using standard processing techniques and standard fire assay. This indicates the ore can be processed by conventional means. So the drill program makes tremendous sense if it shows that the rest of the deposit will also show results from standard processing. You need to get the proper independent analysis done before you can think about building a pilot plant or drilling more holes. Dick hold onto yourself real tight, we may agree on something. First the independent analysis is being done. The labs in the US are analyzing the drilled material and they are independent. MDM is analyzing the ore and trying to determine the best method of processing. They are independent and that is the type of analysis they are very good at. I do happen to agree that the pilot plant should probably not proceed until this analysis is completed. I have posted this opinion several times including a post to Steve yesterday. However I disagree re the drilling program. I believe it is important to proceed with the drilling. We have indications of good results from conventional techniques and a 28 hole program will go a long way to proving whether this exists throughout the orebody and gives us a solid baseline. What is the status of the South Africans? After years of struggle they have thrown of the chains of apartheid and are struggling to heal the wounds and build a viable democracy. Sorry, couldn't resist. As indicated in the previous answer MDM, the South Africans, are continuing to work on the analysis. I have heard comments that their analysis is going well but have heard no specifics. No doubt these concerns will go unanswered as usual because of the child like state of this thread. If you ask straight questions in a normal manner you will get straight answers back. If you act like a flamer you will get treated like a flamer.

To: Dick Hoaxland who wrote (11202)	3/30/1998 2:12:00 AM
From: Jim Lucky	Read Replies (1) \| Respond to of 20681

Why we're wasting time on you is a better question DICK, We say Yes, you say no. You probably don't play a very good game of chess either. The releases are there for your viewing and it's quite obvious that Naxos history has displayed positive progression that follows a logical order. Developing companies always have advances and retreats and from your outlook and concern it would seem as though you believe this company is retreating. Very odd indeed. Well, this company is advancing and mere deduction here should tell even an average investor that things are happening. Excellent assay results, new labs, new permits, expanded drilling program, pilot plant, CEO search (Mining), seems like the engine is on doesn't it, and if you need some gas try ELECTRONIC TRADING April 1st. You come up with the damnedest questions too, as if you never even read the releases. Quite the comedian you are, -----good one! The releases identified the process used and these were conventional standard lead fire assay results and most impressive too as we all know. Most everyone on this tread knows that these next few months will be the start of what we have been waiting for all these years and I believe it will be quite exciting as well as rewarding. . Just wondering Dick, do you play checkers? Jim Lucky