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

To: Al C who wrote (14322)	7/16/1998 5:21:00 PM
From: Tom Frederick	Respond to of 20681

Mr. C. More half truths. You said: The "one in 20" rule of thumb, Dr. Johnson says, is that one in 20 times, or one in 10 times, or essentially on a random basis, a really big assay will result, followed by a series of meager ones, in these nonconventional ores (e.g., desert dirts, refractory ores, or whatever you call them). A newcomer without any experience in these ores (e.g., Norton) might blame this on a "nugget effect." But: this occasional "hit" happens even in a series of repetitive assays from the same well-mixed sample. First of all, if the "nugget" affect were true how did Mr. Blumberg run 30 numbers on two holes side by side and not get any "nuggets"? In fact, at comparable depths, similar variations of opt were observed. I'm not saying nuggets can't happen, but J/L is no more an expert than anyone else to make that kind of assumption and the fact is that Paul Blumberg has run series of tests within repeatable ranges in the latest round. Second, regarding the "newcomer" it is my understanding that Mr. Norton works together with Jeremi and Paul and as a team, they likely have as much if not more combined experience than anyone in this type of ore only because who is successfully recovering desert dirt deposits as of now? Who else has gotten relatively strong and consistent SFA test results? While there is clearly more work to be done, we are also far and away leading the pack with standard testing of these ores which is the only way to secure institutional support. Just another attempt to rock the boat? Try again. Tom