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Gold/Mining/Energy : Naxos Resources (NAXOF)

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To: Tom Frederick who wrote (16992)11/20/1998 9:41:00 AM
From: Rick Nazaruk  Read Replies (2) of 20681
 
Tom,
I believe the reason so many of us have hung onto this stock is:

1. We have not been given a definitive answer stating that this whole Naxos / Franklin Lake situation is over. We have all seen PM numbers come out of FL in the past from a number of people. So there never has been any closure. And maybe there won't be. So many of us have lived, breathed, and, @#$% Naxos for many years that I would be hard to let go without a final answer.

2. Many of us don't want to give up the dream. Me included!!! Over the years I have accumulated thousands of shares with the hope that if Naxos goes big, my opportunities for the future would be quit different from what they are today. Not that I'm hurting now but my financial position would definitely be different. I would not be working for someone else if Naxos happens.

3. Many of us went into this stock with an all or nothing attitude. I certainly did. Sometimes you throw things to the wind and see what happens

That is my reasoning for wherever it's worth. I truly believe that there is PM's at FL. Too many people have confirmed this in the past. Time will tell. Hopefully it will be sooner than later. I'm certainly ready for some answers.

Rick Nazaruk
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