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Gold/Mining/Energy : Naxos Resources (NAXOF)

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To: Ed Huang who wrote (5751)	11/20/1997 12:51:00 AM
From: GlobalMarine	Read Replies (2) of 20681

Hi Ed: Thanks for the compliment. But no, I'm just a private citizen who worries about his investments and therefore spends a lot of time thinking about them. Since I diversified across the board of DD companies, I have the advantage of being able to fairly evaluate without emotion the relative strengths, business plans and management ability of each of them. My conclusion, BTW, is that Maxam Gold will be the "leader" of the Arizona desert dirt companies, and Naxos will be its Californian counterpart. Why not IPM? IPM is virtually back to square one. After all these years, they finally have a fire assay method. Now they have to assay all their old samples as well as their new ones. That takes time. They do not have an economic recovery method. They struck out with their own, so they're letting Bateman have a shot at it. This will all take time, and IMO this tortoise has been beat by the Maxam hare: techstocks.com

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