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Gold/Mining/Energy : Naxos Resources (NAXOF)

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To: Tom Frederick who wrote (3927)	9/9/1997 12:08:00 PM
From: mark silvers	of 20681

Tom I'm not going to bother posting anymore, because you continually express my thoughts in a far more eloquent manner than that which I am able to do:-) As far as company updates on the web page are concerned, I think the investors would love it, but I don't think it will get done. As it currently stands, naxos does not have to make proclamations of deadlines, either real or anticipated. Not having to do that is a luxury, because then you don't fall into the "IPm syndrome" where you continually miss deadlines and unintentionally create a cynical and unhappy group of investors(have you read the IPM thread lately?)So I don't think we willsee those typesof updates in the near future. As far as a press release coming at any moment, I agree that is a strong possibility. I also agree about the Allen co., That should probably not be speculated about in a public forum. The large purchase could definitely be made up of many small sellers on the other side. It could also be a short by the MMs, or it could be a single large seller. There's no way to know. I would appreciate hearing anyone else's opinion also. Mark

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