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Gold/Mining/Energy : Naxos Resources (NAXOF)

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To: Nick Stefero who wrote (4232)9/26/1997 7:43:00 PM
From: Tom Frederick   of 20681
 
Nick, I am note sure what you mean by "real communication" even here.
If you mean information not yet public, official or confirmed as accurate, this is not what will help Naxos get to the next critical step.

Imagine that you are Fred Arkoosh. You have absolutely promised a "no leak" policy at Naxos. The people you are negotiating with are nuts about any type of information leaks. As a matter of fact, any leak could be a deal killer. Then you find out that someone on the very unofficial thread is trying to get people to spill the beans on a national median easily monitored by your potential "partner" and some of the information, even if it is 90% guess is close to what is actually going on and it is a subject not officially announced, spoken about by the investor relations people or Naxos HQ personnel.

My guess is your next meeting with the "partner" will start with a printout of a thread post tossed on the table followed by deafening silence. At that point (remember, YOU are Fred and hoping to get your 8 year project FINALLY, FINALLY off the ground) you stare at the information blasted across the internet thinking to yourself, "why me" and also "who the *&^%^&* let this out" and of course "even if they knew it why in the %^$#& did they have to POST it?"

You don't really like being Fred in that situation do you. And where Fred goes, so do we follow. If he can't get this project off the ground with whatever deals he is developing along with great results from the lab, WE don't get our investment off the ground.

Let us honor 8 years of work and keep our commentary to what we DO know which is information released and what the investment relations folks tell us openly when we ask plus any valuable research we can come up with that is relevant to Naxos. Everything else is suspect, not confirmed and not appropriate to pass on. Personal conversation is a great place to offer opinions, sure. But the thread is an open forum where ANYONE can be watching and reading.

I understand the anxiety of waiting. I have three kids and know what it means to pace the floor in anticipation of an event that will change your life. But if Naxos has made it clear to keep the thread clear of speculation and whispered secrets, let's help them out and in fact help ourselves out. It is a small price to pay. We will know the whole story soon enough.

Definitely, just my opinion.

Tom F.
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