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Gold/Mining/Energy : Naxos Resources (NAXOF)

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To: Jerry in Omaha who wrote (7554)12/20/1997 9:50:00 AM
From: Lawrence Brierley  Read Replies (2) of 20681
 
Mr. Pearson,
I am usually so appreciative of the grace and quality of your posts, that I am loathe to make my first post to you a discordant one. However, I don't agree that there is any sort of embargo on information in place with this company. I was not on SI until June of this year so I cannot compare with past performance in this regard, but I regularly scan the other dds and can emphatically state that, by comparison, Naxos is information heaven. The most you ever seem to see on the others is a post from an enthusiastic investor who has called management with a question who posts his understanding of the answer.

I agree that the last PR needed some fine tuning or at least some supporting explanatory post, but Kim Brasington has been very energetic in addressing all of our concerns since then and even Austin Lett has helped out with some answers.

Can it be any better? Sure. But I think that the source of the malaise which you sense is more the dearth of information than an unwillingness to disseminate it. Insiders are likely just as frustrated with the slow pace of developments. For myself, I cannot think of any question of significance that needs answering, or I would post it to Kim. In truth I won't be completely at peace with the information situation until I see relentless, paralyzingly boring updates about the tons of gold and PMs that are being shipped out of Franklin Lake and unending discussions about whether this year's annual dividends should be in double figures or not.

The best,

Lawrence

PS Many thanks for your email lessons.
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