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Gold/Mining/Energy : Naxos Resources (NAXOF)

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To: Neal davidson who wrote (15930)	8/31/1998 12:06:00 PM
From: Tom Frederick	Read Replies (2) of 20681

Neal, there's plenty of that going around. I also feel a strong sense of responsibility to all the friends and family to whome I recommended Naxos. My honest opinion based on quite a bit of DD was that the PM's where there. The problem we are in right now rests at the feet of Ledoux who convinced Naxos (and us) that SFA would work and they had the kinks worked out. Where it not for that wrong turn, we might have been able to put more resources into the non-conventional and been a little farther along right now. We can't beat ourselves up too much for comments on this thread. I don't know anyone who knowingly misrepresented information. But I know that for myself, I was a strong supported as more and more tests rolled in with solid test results. I still believe the metals are there. What I don't know is if FL is a puzzle about to be solved or a puzzle that still hides it's deepest secrets from those trying to solve it. Brian Russel's report will be the next important step as to where FL heads next. Regards, Tom F.

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