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


To: mark silvers who wrote (17146)12/10/1998 11:28:00 AM
From: Henry Volquardsen  Read Replies (2) | Respond to of 20681
 
nothing happens yet.

market will likely give it a big yawn for the time being. We've seen good laboratory numbers before. I suspect the only thing that will give Naxos respect is real proven, observed production i.e. an audited pilot production plant.



To: mark silvers who wrote (17146)12/10/1998 11:32:00 AM
From: Tom Frederick  Respond to of 20681
 
Mark, Looks like they plan to establish repeatability but get right into re-configuring the pilot plant for recovery of bulk samples. If these numbers can be repeated in bulk sampling in a recovery operation, we're back to the races indeed!

Let's see now... .26 opt X 2 billion tons = 520 MILLION ounces

Yup, that sound good to me!

I'm out of the office for the balance of the day. Talk to you tomorrow.

Tom