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

To: mark silvers who wrote (6049)	12/2/1997 12:06:00 AM
From: sh	Read Replies (1) \| Respond to of 20681

Mark, Thanks for your reply. You spend far too much time on SI, I'm surprised your wife hasn't served divorce papers on you yet (<VBG>). I fully agree with you (and Tom Frederick's oft stated opinion) about the fundamentals of the company. I was not implying that I would sell any shares. I believe it's quite clear Naxos has the goods (the only question is the extent of the reserve and even with the upcoming results that will not be answered -- we will still be at the point of inferred reserve). My concern was expressed by Neal Davidson, that is, any problem in convincing Ledoux to certify the results it obtains, whatever they may be. I don't believe it ultimately will be a problem but the gyrations in the price at this critical juncture inevitably raises concerns. I will not lose any sleep over the price move today, only if it goes to a dollar:) sh