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


To: Lalit Jain who wrote (5723)11/18/1997 8:38:00 PM
From: Lawrence Brierley  Respond to of 20681
 
Lalit,

I think it is very unlikely that JT has any new information about Naxos. He effectively took himself out of the loop for this stock with his personal (and very public) pique with Greg John last year. In fact I am sure he is probably the LAST person who would have any sort of inside track on this investment. Regardless of the provocation, this always struck me as very ill-advised for a newsletter writer, and likely indicates a delicate ego and a "get-even-at-all-costs" mentality.
The fact that this incredible reco came out scarcely hours after the IPM news release is not coincidental. This timing, along with increased scorn for Naxos vs IPM management when no unbiased observer would feel this way given the last few months activity (read the IPM thread today for evidence enough of this) leads me to believe this was just a desperate attempt at damage control.
I find this man to be a great disappointment. He has written some excellent material in the past and I would have expected better of him. It sure looks to me as if he is prepared to sacrifice his subscribers on the alter of personal vendetta.
The best,
Lawrence



To: Lalit Jain who wrote (5723)11/18/1997 9:01:00 PM
From: B.D.Bauden  Respond to of 20681
 
On another matter, JTaylor's promo of IPM should not have been at the expense of
Naxos, unless he has some info on Naxos that is not generally available currently.

Naxos has held up very well given the IPM debacle.

Cheers, Lalit Jain


IMHO if JT had any verifiable news that was detrimental to NAXOF he would have hammered us with it by now.

Bruce



To: Lalit Jain who wrote (5723)11/18/1997 10:43:00 PM
From: GlobalMarine  Respond to of 20681
 
Hi Lalit:

I don't subscribe to Jay's newsletter, but I really want to find out his reasons for selling, which he's supposed to disclose in the next issue. He hasn't said anything relating to the recovery method, which is what counts.

Regards,

Rand