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

To: david cohen who wrote (11745)	4/13/1998 6:23:00 PM
From: Jim	Read Replies (1) \| Respond to of 20681

David, My understanding from speaking with IR is that the drill program will run around $500,000. Also, I think the company's "bank" is around 2 million bucks (with some warrants expiring over the next month or so...meaning that the bank should grow even a little more). However, I still am confused as to the status of the delivery of the pilot plant equipment to Naxos, the payment made on this equipment and the current plans of what to do with this equipment. No one at Naxos that I have spoken with seems to to have a definitive answer...which I will admit does puzzle me a bit. Jim