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Gold/Mining/Energy : Naxos Resources (NAXOF)

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To: citydi who wrote (6353)	12/4/1997 6:10:00 PM
From: Tom Frederick	of 20681

Citydi, it is time for all of us to accept that for all intents and purposes Naxos does NOT control the timing of releases. As much as they would like, the true control at this stage is in the hands of the lab. When and ONLY when numbers are actually released and certified can Naxos say when a release is coming. The delay implies that the tests are not yet complete to the satisfaction of the lab. This does not at all mean bad news, it is just a reality check that it doesn't matter at all what special source whispers in your ear when a release is coming, if that voice does not come from the lab, it is NOT the final word. We must wait and wait we will. I still have supreme confidence in the final outcome. However, the timing will happen when the lab is ready and not a day sooner. Next week? Yes probably, but don't listen to anyone who tells you different than "we have certified results and the release is written and approved by all parties." Unless that is the news, it is not done yet. Still waiting but anxious as ever, Tom F.

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