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Gold/Mining/Energy : Naxos Resources (NAXOF)

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To: Kurt R. who wrote (9902)3/13/1998 9:11:00 AM
From: RRG  Read Replies (1) of 20681
 
TO ALL:

My view of the press release.
Incrementally, it was a major step towards achieving the required credibility level needed to attract major investors and the investing public's interest. Also, the declared intention of bringing more mining and financial professionals into the Naxos world---again an absolute must not only for changing Naxos from an exploratory entity to a productive mining company, but also to attract the attention of the world.

The reaction of the threaders to the release was predictable---all the way from wonderful to lousy! Reflecting again the diversity of views---and to this I say, "Thank God." It would be terribly boring if we all spoke and reacted as one mind.

I want to add my thanks to JJ. Without his amazing perseverance, without his determination, without his commitment, without his amazing ability to bring the needed funds into the company, Naxos would have disappeared long ago. For that we should all be grateful .

We all have the somewhat misguided hope that one event will skyrocket the value of this company to the moon, yet knowing deep in our psyche's that it just ain't going to happen that way (unless of course some big company makes a cash offer that cannot be ignored--and that's not impossible).

But the reality is that success will be achieved incrementally over a period of time yet unknown. Having just celebrated my 77th birthday, I just hope I am around long enough to enjoy going on a sybaritic spending spree!! So Naxos--get the lead out!!!!---Oops, I meant, GET THE GOLD OUT!!!

Bob Goldstein
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