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Gold/Mining/Energy : Naxos Resources (NAXOF)

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To: RRG who wrote (4465)	10/10/1997 2:35:00 PM
From: Jim	of 20681

Bob, I have been a shareholder of Naxos for only a few months, but have been lurking on this site for several weeks now. This is my first post and I have to say that I fully agree with you. I have only been able to convince my manager (who has made great money on other investment tips that I have given him...keep the boss happy I say) and a couple of very close friends to jump on board with this stock. In fact, as I was informing an associate of mine about this recent news release, his broker called him. The conversation went about the way you laid it out. "Naxos...I wouldn't touch that stock with a ten foot pole ! You're nuts for thinking of investing in them ! Don't you realize that they are nothing but a bunch of crooks who have been thrown off of the Canadian exchange ?" You get the idea. Oh well, when I see him this afternoon I'll have to ask him if he decided to change brokers. I won't mention the name of the firm, but let's just say that they are one of the larger brokerage houses. In my opinion, this is even better news than an announcement of assay results. Question..couldn't these rights (in theory at least) be worth a heck of alot more than the metals themselves ??? Just a thought... Jim

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