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Gold/Mining/Energy : Naxos Resources (NAXOF)
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To: david cohen who wrote (15925)8/31/1998 6:47:00 AM
From: GOGI   of 20681
 
Yes, I think Naxos will rise from the ashes, but I don't have a time frame. But I think my conclusion is a reasonable guess based on the past volatility of Naxos Resources, their ability to attract financing, CPM, and a South African mining executive.

I've increased my Naxos holdings by 100% at the .6875 and .75 cent per share rate. What a bargain, if I'm right in my projections. I only own 10,000 shares but I think it's worth the small risk.

GOGI
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