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Gold/Mining/Energy : Naxos Resources (NAXOF)
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To: Max Haber who wrote (9279)2/26/1998 9:52:00 AM
From: SER   of 20681
 
To All,

I think two days of low volume speaks in volume. If thing where bad the insiders would be dumping. As has been said over and over on this thread the outsiders are waiting until reasonable "doubt" has passed. The spike last week was a very good indication because it was a buying not a selling spike.

The new numbers hopefully from more than one COC and more than one lab will tell all. The pilot plant is important because it will show that Naxos can get it out of the ground but these COC numbers are IMO the more important because they will show that something is in the ground. It will be the catalyst we need to advance our position getting the press coverage to increase awareness and induce new investors.

I have an open order to sell some of my position in the teens and I woke up this morning thinking how much of a fool I would be to sell Naxos now.

Folks we are going to wake up one morning (soon I hope) to the knowledge of success or failure. If it is success it will be big! That what intrigues us about Naxos, so we have to hold. If it is failure, it is just failure we have all been through it before. How many of us have played the lottery? Naxos is not much different. Dreams, hopes disappointment and I believe, Better odds.

"May the numbers be with you"

SER
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