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

To: Tom Frederick who wrote (16637)	10/9/1998 3:22:00 PM
From: sh	Read Replies (5) \| Respond to of 20681

What do you folks mean Kemp was acting reasonably and as he should have been. There was at least one pilot plant ordered to test the Johnson method on recovery and, as far as I recall, ready for production. It was completely scrapped because of the almost exclusive reliance on SFA. Furthermore, Ledoux never backed off of all of its prior results, including the multiple ounce results. That is not to say that the Johnson method is a reliable method, only that it should have been pursued as aggressively as the modified standard fire assay that many of you practically decided to put all of your hopes on. If we had a management with any vision and sense, we would have been pursuing both tracks with equal vigor and maybe, just maybe the stock price would be $5 to $10 rather than $.25 to $.50. I've expressed my views on Kemp numerous times before. I wouldn't trust anyone who does not hold a substantial position in the company to run the company!