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


To: scott w. smilen who wrote (12286)4/24/1998 5:05:00 PM
From: mark silvers  Read Replies (2) | Respond to of 20681
 
Scott

I think we will see all kinds of numbers. I dont meant that to be a trite answer, I think that logically we can expect holes that are better and holes that are worse. that is why we have to keep drilling and not make assumptions of any one, two, five, or ten holes.
One thing to keep in mind is that the two holes reprted today are outside of the tight grid area which is thought to contain the richest ore. Hole number five is within the tight grid area. Hopefully we can get results on a more consistent basis and get a clearer idea of what this property doesn and does not contain. In all lliklihood, all the news will not be good and all will not be bad.

I am not an expert, but if I had to characterize this release using the most popular topic on this thread, I would call it a sharp single to right. ( I borrowed this analogy form a friend of mine who is currently to scared to post)

Mark