Mr. Allen, I have to beg to differ on this. There are vast differences between where we were a year or two ago and now. For the first time we are electronically trading, for the first time we have real COC certified results with SFA which show very promising numbers, we have a real change in management, we have a mining professional (Mr Norton) managing the drill and testing program for the first time ever, we have the attention of around 10 market makers who have stuck with us and finally Naxos has launched an extensive drill program designed to prove up 38 million tons of material.
Mr. Allen, while I agree with your comment that I am expressing my feelings about the outcome, my feelings are based on significant developments.
As I have posted before, it is my assertion that most on this thread don't give any of the above achievments much weight because of the stock price. But as many who understand the market quite well have stated, we are probably priced fairly with only a few holes completed.
Now that we have our act together, Naxos is doing what the market cares about and will pay attention to...the drilling and testing of a significant area of the property to be used as a guide as to the ore content and therefor the ultimate value of FL. Now that so much more of the nuts and bolts are in place, the drillling and testing WILL get attention and WILL move the price (in either direction) based on the numbers.
Respectful Regards,
Tom F.
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