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Gold/Mining/Energy : Naxos Resources (NAXOF)

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To: mark silvers who wrote (9405)3/5/1998 9:11:00 AM
From: jlallen  Read Replies (1) of 20681
 
Mark: Continuing our discussion, my point #1 on the releases is not that the results aren't good, its that the market and the public have been unable to figure out their significance (even experienced mining people I have spoken with) because of the imprecise and sloppy (IMO) way they have been handled. My point #2 on the turnaround time is that the company hasn't put up any explanation as to why it takes so long to get results and I think any plausible explanation would certainly quell a lot of unnecessary speculation and doubt among those holding the stock and attempting to determine if it is a suitable investment. New money is what will move the stock. These are the kinds of issues I expect the management to anticipate and deal with. As always, just my uninformed opinion. JLA
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