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Gold/Mining/Energy : Naxos Resources (NAXOF)
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To: citydi who wrote (12502)5/1/1998 9:54:00 AM
From: Carlo  Read Replies (1) of 20681
 
Citydi, thanks for your presence over the last year. Your posts have made me smile on many occasions, especially compared to the constant wordy thesis writings that we must endure on this thread as we try to quench our thirst for Naxos facts.

I too am very tired of following this stock. The imminent anticipation of the "big historical event" has evaporated as the company continues to drag its feet with regards to letting the shareholders in on their secret proceedings. The trust factor is just not there. I hope that the PR people figure this out. Naxos may only gain credibility by communicating better. Once they establish credibility, they can blow us off more, and we will still trust them. Of course us thread people probably don't have enough shares for naxos management to be concerned about either.

ASC problem status - unknown
Assays magically drop from 2.5 opt to 0.11 opt with no explanation.
Pilot plant status ( and expenditures, hopefully not wasted) - unknown
"real" Financing status - unknown, but lots of Tall Tales possible.
management situation - unknown

Sometimes I feel like a dog who's master is leading me around with a piece of steak that I will never be able to sink my teeth into.

The only thing consistent is the constant cheerleading on this thread.

My question to Naxos is "where's the beef??"

My impression from your last post is that you are selling your shares. Good luck. Thanks for your input.
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