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Gold/Mining/Energy : Naxos Resources (NAXOF)

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To: Richard Mazzarella who wrote (19722)8/27/1999 9:42:00 AM
From: Tom Frederick  Read Replies (1) of 20681
 
Richard, Oh contrar', I much prefer we don't hear a solitary word until they can be 100%, absolutely certain that they have a verifiable, repeatable recovery process. We have spent too many years trying to live on the emotional appeal of hearing anything to imply a huge gold find.

One thing we should have learned by now is that any stock price moves on skimpy information or unverified work is a placebo of the worst kind and a temporary fix at best.

No, I much prefer we don't get little snippets of information or half way updates. When we hear about PM's from Naxos, I sincerely hope it is a rock solid, no mistakes about it, sure thing...and that I'm willing to wait for.

For now, keep your eye on the very smart, very simple, very real effort to do something for shareholder value in the form of identifying some basic, well defined elements. We're only a handful of drill holes away from finding out if the brines have the Lithium and Boron. And I certainly hope that the collective Naxos eye stays on the ball till that is completed.

Tom F.
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