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Gold/Mining/Energy : Naxos Resources (NAXOF)

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To: Carlo who wrote (6342)	12/4/1997 5:14:00 PM
From: Doug Meetmer	Read Replies (1) of 20681

Carlo, It's hard to look at just the OPT at this point. That will be much more useful in the future , when the extent of reserves has been adequately evaluated. At this point, it is speculation that is driving the stock price, and the better the news that comes out the more sustainable will be the stockprice. That is a brief answer to your question. Doug

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