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

To: CJ who wrote (18564)	4/7/1999 7:25:00 PM
From: Richard Mazzarella	Respond to of 20681

CJ, <<test results>> IMO by this time they must have some results that could be announced which would juice the market, or they have nothing and already know they are dead meat and just putting off the inevitable. Kim, is there yellow yet? <VBG>

To: CJ who wrote (18564)	4/8/1999 9:29:00 AM
From: Tom Frederick	Read Replies (1) \| Respond to of 20681

CJ, I think it is not necessarily helpful to start anticipating just when results may come. Remember, there are two different phases of running the pilot plant. First, just get everything running and functioning properly. Second, experiment with the process and find out what produces the best results. They may want to take extra time to try all the variables and that could take more time. They will be trying, I assume, to have results in time for the AGM on the 30th so they will be looking at that date as a goal for first results. I'm not saying they can't have results soon, but one thing we should have learned by now is NOT to put dates on events. Let's look for the event to be successful...whenever it happens. Tom F.