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Gold/Mining/Energy : Naxos Resources (NAXOF)

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To: Richard Mazzarella who wrote (10462)3/18/1998 11:56:00 AM
From: Tom Frederick  Read Replies (1) of 20681
 
Richard, You have made your position clear, "Tom , Wake up. Stocks are for making money." And that has been the thorn in the side of anyone out there who really doesn't understand what they have been involved with up to and including this point in time.

Naxos is NOT Microsoft, GE, IBM, or ICIX, or Travelers, or Cendant.
There is no balance sheet, no earnings records, no growth cycle.

Naxos has from the beginning been ONLY a VERY speculative stock which unless you had some understanding of what they had done to date, what they were trying to do and what it might mean if they actually did it, you invested in the wrong stock.

You're are wrong to just a few degrees. Naxos is a stock that you MUST buy ONLY if you believe in the story if you want to stay sane. If you are going to watch the current stock price and make a decision about how your investment is doing, you would have sold or jumped out a window long ago. If you believed in what they were doing and trusted that the testing they had done was legitimate, there was plenty to be excited about. But the only thing to be excited about has been future potential.

Naxos is ONLY potential. They don't HAVE anything yet. No product, no big investor(s), no coverage, no support. YET, that is.

If you don't BELIEVE in where Naxos wants to go, AND see the POTENTIAL in the facts of the news releases, why would anyone buy this stock?

Just my opinion

Regards from your friendly thread counterpointer

Tom F.

(and by the way, I do love my God and my country)
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