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

To: Max Haber who wrote (12121)	4/22/1998 8:55:00 AM
From: Random Walk	Read Replies (3) \| Respond to of 20681

She has made a bottom, and what a fine bottom she has. Risk is high, it wont take much volume to resume downward. With the new drilling program, it seems we will be building a huge backlog of ore to assay. With 3.5 holes outstanding for months, how do we know the new samples will be tested in a timely manner? We had a great opportunity with the last drill program when we were promised consistent results, to build momentum. Where does the company plan to ship the drill samples to be processed? To be assayed? Hopefully we have learned from our past folly and the comedy of errors will cease. IMO with every day that passes, our argument to 'the market' becomes less convincing. If you can recover PMs from desert dirt with standard methods why has this not been done in 150 years? I am concerned that we no longer have a proprietary process to recover PMs. Without the technology we have a greater probability of failure thus the steady decline over the last 6 months. Yes there is Gold there, but can we bring it to market? Don Schreiber