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Gold/Mining/Energy : Naxos Resources (NAXOF)
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To: Donald E. Aken who wrote (5987)11/30/1997 2:03:00 PM
From: Tom Frederick   of 20681
 
Mr. Aken, thank you for make that most appropriate connection. The only thing more exciting than discovering the method of determining purity is to discover where most of the gold has been for millions of years. Right under our feet.

I find it quite humourous that the Leo who has recently joined us has become so vocal at this specific juncture. There is absolute COC certified testing that has PROVEN that gold exists in commercially viable levels. A lab with world class reputation is hip deep in proving that they have either wasted immeasurable time resources or have had with wisest allocation of time in the history of the company.

What our feline friend may be hungry for is better foresight. He may have feasted on the wrong carcass for a long time only to find out that the clever cheetaa has found the choicest meat by selecting the very best prey from the herd and chasing it down until it was subdued.

With all of the talk of the "management" at IPM being the key, what you and many of us have said all along is going to be the real value. You must have the property with the ore body and the method of recovery and even in that case, a less than steller management with alot of determination will accomplish what is necessary to bring the truth of the deposit to the market. From that point, the market will make it a success.

I have no ill feelings for IPM and I wish them well in the future to prove out what they have. We at Naxos should never have the nerve to heckle those with bad fortune in this most challenging scientific endeavor.

We are so very close. Even the lion can't eat enough to stop the successful great migration of the wildabeast and zebra across the African plains.

Regards,

Tom F.
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