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Gold/Mining/Energy : Naxos Resources (NAXOF)

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To: Paul Salber who wrote (19713)8/25/1999 10:06:00 AM
From: Tom Frederick  Read Replies (2) of 20681
 
Paul, I don't know if this is indeed the case, but if anyone is willing to hand Naxos a check, after all of the history, they must be looking at information that indicates a more than reasonable chance of success in one form or another (it may be based on the Lithium story alone) and therefor a more than reasonable opportunity to recover their investment plus make a profit. That would be encouraging in my view.

At this point in time, I am much less concerned about potential impacts on outstanding shares than I am concerned that Naxos has financing to keep the doors open and therefor, the chances for success alive.

Tom F.
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