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Gold/Mining/Energy : Naxos Resources (NAXOF)

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To: Larry Brubaker who wrote (8231)1/17/1998 8:32:00 AM
From: mark silvers  Read Replies (2) of 20681
 
Larrry
After what happened to you with IPM, I can fully understand your skepticism. In fact, I would even say that your skepticism is a very healthy and normal reaction. I don't agree that the parallells between naxos and IPM are as strong as you do, but so what.
I think you are absolutely correct in picking a "watershed accomplishment level", i.e succesful pilot plant, and saying this is where I'm comfortable, it is where I'll consider getting involved. If that is what makes you comfortable, then that is how you should approach it.
Personally, I think the cerified assays mean a lot more than you do, and am personally more bullish on naxos than I ever have been before( big surprise, right?) but I think in a stock as speculative as this, everyone should find their own comfort level and react accordingly.

Mark
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