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Gold/Mining/Energy : Naxos Resources (NAXOF)

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To: RRG who wrote (10535)	3/18/1998 8:08:00 PM
From: B.D.Bauden	Read Replies (1) of 20681

<<<<....and the market said "HO-HUM.">>>> I believe that the announcement of very good Au and Pt numbers will be met with total indifference by wall street and at the end of February we will be about where we are now. Let me state for the record that I am long on NAXOF and am a keeper of the faith, but history is on my side with this prediction. I would be delighted to be proven wrong but I don't think this stock is going to move until one of two things happens: 1) We complete the pilot plant and start putting tons of ore in one end and get PM's out the other. 2) Some big name investor with deep pockets dumps a ton of money into FL. As always, just my opinion. I posted this back on 1/31. I believed it then, I believe it now. Only difference is, we're a lot closer to the pilot plant start up. Bruce

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