Mr. Davidson,
<< Have you officially changed your prediction of Naxos's blossoming
from the spring to the summer?>>
No, Mr. Davidson, the prediction I made last fall still stands; the flower
of Naxos will blossom in the spring and will attract many pollinators. These
events derive from operational aspects; a "fertile" Franklin Lake - sufficient
precious metal nutrients, the liquidity of cash reserves, and dissipating dark
clouds of doubt and suspicion allowing the sunlight of increased awareness and
attention to enable continued flowering and pollination well into summer.
The process described above currently is underway to the apparent satisfaction
of Naxos management, present and past, and major stockholders. There is, however,
another side to that metaphor.
The management of Naxos also is undergoing a transformation, as I said, within a
cocoon of sorts. A cocoon is a constructed membrane that separates a dynamically
changing inside reality from the interfering outside world. Nature shows us that
it is necessary for the most profound transformations to occur in such environs.
The mid-summer transformation of Naxos from a creepy caterpillar into a beautiful
butterfly may appear to be a metaphorical mid-stream horse swap, but it makes
my point. Naxos appears to be shifting policy in fundamental ways, so to speak,
in mid-stream.
Were I to stick with the blossom metaphor, management activities of Naxos policy
makers would be centering around the big push for the annual autumnal seed
production and distribution objectives and strategies for seed dispersal.
Preparing for that situation does not appear, anymore, to be all that important.
A policy shift is signaled here.
Eager, aspiring butterflies soon learn that the best way to get "netted" is to be
the most beautiful butterfly in the world. So it looks like Naxos will be joining
the Wall Street butterfly brigade and flit around looking for capture and mounting
by some well funded, institution supported, and highly respected investment
lepidopterists.
A point of view from the field, Mr. Davidson.
Jerard P |
