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Gold/Mining/Energy : Naxos Resources (NAXOF)
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To: Tom Frederick who wrote (18776)4/27/1999 6:59:00 PM
From: Ron  Read Replies (2) of 20681
 
Tom, I understand the doubts..no question.

The key to any investment is to enter when your comfort zone is obtained. In MG that may be $2, $10, $50 or maybe never. I do believe you all are at least open to the possibility that the MG process (i.e.J/L) may indeed work. That's what DD companies have been about. I know there were problems earlier with J/L and Naxos. Al Johnson has been at this for years. I view it as a big crossword puzzle...sometimes you swear you have the right words in one direction till you put the new words in another direction....oopps wrong..make a correction. Eventually, if you persevere you solve the puzzle. Who knows when it may happen. In Naxos case apparently it didn't happen in the timeframe J/L was there. But that doesn't mean it could not have happened when J/L worked with MG. Johnson is a scientist...you and I know they do not give up when it comes to solving the puzzle.
I think he has.

One last thing....the easiest thing to do when doing due diligence on MG is to call the CEO. He is there, talks to you, gives you his opinion. He isn't selling stock!
Few people know the hardships that both Mike and Jeanne Amundson have had getting this company to where it is and the vision they see for where it is going. They put themselves on the line for their shareholders....
We will all benefit from the experiences of Naxos and the efforts of MG.
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