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Gold/Mining/Energy : Naxos Resources (NAXOF)

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To: Pamela who wrote (5670)11/17/1997 6:46:00 PM
From: B.D.Bauden   of 20681
 
Let's assume that Mr Taylor is right. IPM management is great and NAXOF management is bad. (I don't believe it, but let's go along with him for arguments sake.)

I would rather invest in a company with poor management that is sitting on a ton of PM's than a company with great management that is sitting on sand.

IPM was down 42% today. NAXOF was down 6%. Anyone that took JT's advice and sold NAXOF and bought IPM should at least be entitled to a refund on their newsletter subscription.

I don't know nor do I care about what happened between him and Greg John. If JT were a true professional, he wouldn't let his personal feelings get in the way of objective reporting. He has probably cost some of his faithful followers a lot of money.

Bruce
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