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Gold/Mining/Energy : Naxos Resources (NAXOF)

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To: Richard Mazzarella who wrote (8266)1/18/1998 9:32:00 AM
From: KRosenfeld  Read Replies (1) of 20681
 
Mr. Mazzarella,

You write "Lots of reasons would have me betting on IPM over Naxos. Frankly, even with
the IPM difficulties, I think it still has a better chance of success than Naxos, but each
make their own choice."

Could you go over the reasons you believe this. I, for one, believe Naxos is just a few steps away, and while I don't know alot about IPM, I see them as having suffered a major setback. In fact, IPM's best chance may be the J-L process. I am interested in what makes you more of an IPM believer.

Ken Rosenfeld
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