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

To: ShoppinTheNet who wrote (5674)	11/18/1997 5:59:00 AM
From: GOGI	Respond to of 20681

I do not believe that Mr. Taylor is a vindictive person. Additionally, I believe that he had conservative, rational reasons for his recent recommendation. I believe the truth lies somewhere around Mr. Van Hummel's reply #5619 and my reply #5638. I believe that all kinds of irrational and evil motives have been placed on Mr. Taylor's recent recommendation. The guy's just trying to tell his readership that they can pick up some other shares cheaper, and, I suspect, that he is weary of the late COC results from Naxos. I still believe in Naxos and I have no intention of selling Naxos; and I don't own any shares of IPM and I don't intend to. Sometimes I just wish people would calm down and focus on reality. Newletter writers make recommendations based upon what they think will best further the interests of their readership. If they don't, they won't be in business for long. Mr. Taylor is a survivor and he will be around in this business long after the COC results come out for Naxos, whether or not those results are what we hope they are. Sometimes Mr. Taylor is wrong, like all human beings and quite a few other newsletter writers. I am hoping that this is one of those times. However, Mr. Taylor is definately taking the least risky position for his readership on Naxos (if you sell at the right price) and IPM (if you buy IPM at a low enough price, while diversifying into a number of other promising low-priced stocks, as well). If you bought Naxos at one dollar, or thereabout, you have a substantial gain, at this time. Though human nature, greed, tells you to get a much higher price than $7.50 per share. I just happen to still believe that Naxos will be the big winner, in the end, either through metals extractions or the Venzuelan projects. I'm hoping that the COC results will be eye-popping, but if they are not, and Naxos goes back to one dollar per share, I'm buying another 10,000 shares based on the Venzuelan projects alone. However, I prefer that Naxos go up from the date of the COC results release to $20, $40, $60, $80, $100 and up per share, in that approximate order of progression. GOGI