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Gold/Mining/Energy : Naxos Resources (NAXOF) -- Ignore unavailable to you. Want to Upgrade?

To: Gary A. Robben who wrote (20029)	11/11/1999 10:07:00 AM
From: Tom Frederick	Respond to of 20681

Gary, In all seriousness, it's not the same at all. In the past, we had no idea about what was going on, when to expect results, what they were doing, etc. This time we have been told the drill program will be done by the end of this week. We also have been told the testing will take 2 to 3 weeks and they are looking at 40 elements but with a focus on Lithium, Boron and Magnesium. The recent history of Naxos has shown that Bob and the board have been on or close to schedule on the announced activities, so I don't have a reason to doubt this will be on or close to schedule either. In the past by now we would be seeing posts on the thread claiming specifics about some test results, hints about who the customer is, inuendo about the size of a potential deal, and on and on. This is clearly a new management team acting like professionals by doing their best to not let information leak out. It's still no guarantee of success, but at least things seem to be organized and on a schedule. Having the potential customer at their shoulder supervising doesn't hurt either. Time and people cost them money and they need to know if FL is a good investment or not. Tom F.