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Gold/Mining/Energy : Naxos Resources (NAXOF)

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To: GlobalMarine who wrote (8560)	1/26/1998 8:12:00 AM
From: mark silvers	Read Replies (2) of 20681

Rand, Do not confuse the share price of a stock with the reality of the situation. Case in point, you have said that you feel that Maxam is your favorite dirt, and the one with the best chance for success(I don't agree, but that's not the point) Obviiously the price of the respective stocks, wouldn't agree with that assumption. If Naxos did concentrate on free gold (which no one has said that they will) and the share price went into full-metal retreat mode, that would have nothing to do with the timliness and the validity of the decision. It has a lot to do with all of our short term happiness, but not with the quality of the chosen path. How much free gold is contained within parameters of FL, will determine what path naxos eventually takes. Since no one knows exactly how much, if any, is there it will be impossible to tell what the right path will be. Mark

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