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Gold/Mining/Energy : Naxos Resources (NAXOF)

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To: Millracer who wrote (3699)	8/31/1997 11:51:00 AM
From: GOGI	of 20681

Millracer, I believe that Naxos has the goods and will rise next week. I don't know how high it will rise. However, I think Mr. Meetmer makes some valid points, that I think will be answered in the next three to five weeks when all the COC results are in. I realize that I could be disappointed by the results in three to five weeks from now, but I don't think that will happen. I definately don't believe that this is a scam, no matter how incredibly large the potential gold mine is, as indicated by COC results and additional drilling. I think that mining micro-fine gold has come of age. If I'm wrong, then I'll be glad that I have only 23,500 shares of three micro-fine gold companies that I got at extremely cheap prices per share. Additionally, in the event that I am wrong, I will have learned a valuable lesson at a cheap price. Talk is cheap. The only thing that is going to prove to me that Naxos doesn't have the goods is consistently poor, strict COC results over an extended period of time. I don't care about non-COC results; they are irrelevant. If the world cared only about strict COC results from BRE-X there wouldn't have been a BRE-X fiasco. GOGI

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