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Gold/Mining/Energy : Naxos Resources (NAXOF)

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To: ShoppinTheNet who wrote (5430)	11/9/1997 11:38:00 PM
From: Bill Jackson	Read Replies (2) of 20681

S.K.; If you saw someone stealing from your neighbour what would you do? Not my stuff most would say, bad citizens they. Charters has interested hisself in various plays and if he sees what he feels is some kind of chicanery he speaks up. Usually to the distress of those who have the stock, as it might make it drop in price and they are not in love with that idea. He also irritates the fraudsters who are running the stock, and the shorters love him. Sometimes he is right, and some times he is wrong. For example he was wrong on BRE-X, and I was right. He has openly been critical of IPM and Naxos and has in essence called them frauds. I stop short of that, but I have questions that have not been answered in some areas of those companies. I think they are both highly speculative plays where you might get a 10 bagger(a ten fold increase in share price), and you might get a zero bagger. (BRE-X was a zero bagger). As a consequence I feel that only those with money to speculate with should try a flyer with a portion of their assets. But not the 401K money or RRSP money. That needs a more secure foundation. What is Baraboo WS? Never been there. Bill

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