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Gold/Mining/Energy : Naxos Resources (NAXOF)
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To: carl who wrote (8736)1/30/1998 5:11:00 PM
From: Tom Frederick   of 20681
 
Carl, you've got my vote! You certainly deserve the door prize for putting that much time into that analysis. It all works on paper (or on screen I guess). The only challange we have is to get the market to do the same math and start valuing this stock accordingly!

We still have some work to do on proving the ore, but we are quite clearly heading in a great direction and forward motion is steady though never at the pace we investors prefer.

Thanks for that diligent posting!

Respectful Regards,

Tom F.
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