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Gold/Mining/Energy : Naxos Resources (NAXOF)

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To: Tom Frederick who wrote (6286)	12/4/1997 6:53:00 AM
From: Tom Cintorino	Read Replies (1) of 20681

Tom, There is another scenario. Naxos isn't concerned with rushing news out just because there are 50 analysts/brokers/shareholders out at the property. They have plenty of material to cover without a page and a half news release. What will happen to the stock without a release? It will go down. Will all the attendees rush to issue buy a recommendation? Maybe yes, maybe no. Naxos has always had a long term view. The company is confident about what they have. The eventuality of it is that WHEN they finally release the information everyone will come running. Even the skeptics. Having said that, here's hoping I am wrong and the news is out, as you said, this morning! GO NAXOS! Tom

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