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Gold/Mining/Energy : Naxos Resources (NAXOF)

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To: Art Pesner who wrote (7308)	12/15/1997 5:23:00 PM
From: Henry Volquardsen	Read Replies (2) of 20681

Art, always a pleasure to have another Wolverine in the fold :) I agree strongly with your comment about platinum. The potential uses for platinum are mind boggling if someone can bring large reserves to the market economically. I have believed for some time that the real story behind Naxos could be the platinum and other metals. I would not be surprised if gold becomes the extra we sell off after getting the platinum. I agree with your first two comments as well. A company at this stage will be very skittish and volatile. Anyone who is troubled by that should lighten up to the point whee they are no longer nervous. FWIW I put some more scale down bids in with my broker today.

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