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Gold/Mining/Energy : Naxos Resources (NAXOF)
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To: Jerry in Omaha who wrote (10616)3/19/1998 1:11:00 PM
From: Jim Lucky  Read Replies (3) of 20681
 
DOW up 26%, SP500 up 38%, TOP GOLD FUND down 24% as of 3/13 YR/END

Thought I would provide some "FACTS" for thought for all the Naxos traders and panic sellers. As of year ended 3/13/98 the top gold fund is down 24% with the 10th fund on the list being down 39%. The market capitalization for the top 10 is a whopping 1.103 billion. The top performer for the last 3 year period is up a forgettable .56/100ths percent. With results like these tell me how gold funds are going to be able to ignore Naxos with the recent trend of results being released from the company. Just curious what Naxos stock price would be next week if Mr. Big or XYZ company just bought 5% of the stock today, for a measly 8 million dollars, WOW!!! The volume has turned around for the better now and someone is keeping the price stable despite the selling. "Two more weeks" seems to be happening much shorter now and it will be interesting to see how many releases we will need before it pops. A financial mining partner could step forward and a resolution with the Alberta Exchange is very possible now clearing the way to Nasdaq. Foremost, are the upcoming multiple reporting labs with numerous comparison sampling/assaying which will be the truth that Bre-x never had ever. Wall Street knows that story well and the new precedents are set in stone, dirt in our case. Repeated Naxos third party COC verified good results will be our key to our future and success and that seems to be happening right now. We are gaining credibility by the moment. Quite the deal at these prices.

Jim Lucky
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