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

To: Tom Frederick who wrote (16351)	9/23/1998 8:02:00 AM
From: Max Haber	Read Replies (1) \| Respond to of 20681

With numbers coming from Johnson/Lett Naxos shareholders should demand a fair amount of time for the pilot plant to prove the recovery method. Remember the pilot plant could have been running several months ago and was just revived by Mr. Mark Summers and Austin Lett. Lets give it 60 days. All shareholders must realize what is at stake here. Naxos recently completed a massive drill program. The ore from this drill program is all chain of custody. With economic numbers from the Johnson/Lett group Naxos would be in the best position ever to prove up a potentially massive ore body in short order. Imagine- a recently completed 68 hole drill program and a method for unlocking the potential. With a reasonably quick assay/recovery process Naxos could up prove up the tight grid area in as little as 45-60 days. Yes-yes -yes we need the Johnson/Lett numbers first. However with economic numbers on gold,platinum and palladium Naxos should immediately proceed with assaying the ore from the 68 hole program and others that are still being held COC. I like most shareholders purchased the stock for the potential of Franklin Lake, not copper mines in Mexico or coffee beans in Columbia or whatever. I'm looking forward to the first set of numbers being released with great anticipation. If they are economic, lets complete the deal with Johnson/Lett and put all resources available to proving up the resource in a timely manner. Max Haber