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Gold/Mining/Energy : Naxos Resources (NAXOF)

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To: Richard Mazzarella who wrote (13092)5/22/1998 10:11:00 AM
From: Tom Frederick  Read Replies (1) of 20681
 
Mr. Mazzarella, I agree with the comment on the "real play" because I do believe that Naxos will eventually prove up multiple metals that will far surpass the gold numbers alone.

But I would like to get Naxos OUT of the category of DD. The nature of the deposit, the material, the plan is NOT like any of the other DD's. It is the DD label that hurts more than helps in the market place because of the unfortunate reality that SOME are pure scams, some already exposed (Delgracia) and some on the road to nowhere It is with that broad brush stroke that legitimate deposits lose credibility by being put into a category instead of each property living on its own merits.

Tom F.
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