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Gold/Mining/Energy : Naxos Resources (NAXOF)

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To: Tom Frederick who wrote (17602)	1/27/1999 2:15:00 PM
From: mark silvers	Read Replies (1) of 20681

Tommy-boy, It is my opinion that this whole issue can not really be resolved to anyone's satisfction at this point in time. There is to much suspicion, history, and heightened emotion, for anyone to do anything but hold fast to the tenuous opinions they already hold. The veracity of Naxos' claims will neither be proven nor disproven by a few obscure releases. The good news is that the point at which Naxos shareholders will feel either extreme jubilation or deep despair may just be fairly close at hand. Theoretically (and I say that because emotionally I cant allow myself any more room for disappointment) naxos will be firing up a demo plant within a months time. Shortly after that, they will hopefully be able to run some kinds of production audit. When that happens, we will at least have a very good indication of where we stand on our investment. Mark

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