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

To: jlallen who wrote (12303)	4/25/1998 2:00:00 AM
From: Larry Brubaker	Read Replies (2) \| Respond to of 20681

Don't recall whose. I do recall they were made when Naxos announced multi-ounces per ton from a few feet of one hole. I also recall that I was one of those suggesting it was ridiculous to project a multi-ounce, multi-billion ton resource from one drill hole. I also recall I caught flack on this thread for raising the suggestion that the dirt was not homogenous. As I said then, it appears more and more like the mineralization of Naxos' dirt may be more like Maxam's (i.e., an average of less than .10, with some hot spots thrown in). By the way, whatever hapenned to Naxos' pilot plant. I don't follow Naxos all that closely, but I thought I remembered the pilot plant was supposed to go on-line in April. Is my recollection faulty? What is the current status of the pilot plant?