SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Gold/Mining/Energy : Naxos Resources (NAXOF) -- Ignore unavailable to you. Want to Upgrade?


To: ShoppinTheNet who wrote (12791)5/12/1998 9:11:00 PM
From: W.F. Schwertley  Read Replies (2) | Respond to of 20681
 
S.K.W.2

Could the delay be attributed to revamping assay testing procedures (all assay companies used by Naxos are now required to employ Ledoux's test procedures and chemicals processes)? Just a guess.

WFS



To: ShoppinTheNet who wrote (12791)5/13/1998 8:13:00 AM
From: mark silvers  Respond to of 20681
 
SK

<<John I am frustrated as well. It seems that Naxos should have the 5 holes completed by now. I do not buy the tainted results from old management excuse for holding up these results. >>

No one said that "tainted results" are a reason for delays. They said it was reason that the market may not place enough weight on those particular results.

mark



To: ShoppinTheNet who wrote (12791)5/13/1998 8:42:00 AM
From: jlallen  Read Replies (1) | Respond to of 20681
 
My point was not that we should not get to the results nor the quality of the labs or COC. My point was that since these holes were drilled under the old regime, I don't think IMO that the stock price will be much effected by their release. IMO you only need to look at the past three holes and the effect on stock price to get an indication. I hope I am proved wrong. JLA