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


To: Tom Frederick who wrote (6286)12/4/1997 6:53:00 AM
From: Tom Cintorino  Read Replies (1) | Respond to of 20681
 
Tom,

There is another scenario. Naxos isn't concerned with rushing
news out just because there are 50 analysts/brokers/shareholders
out at the property. They have plenty of material to cover
without a page and a half news release.

What will happen to the stock without a release? It will go down.
Will all the attendees rush to issue buy a recommendation? Maybe
yes, maybe no.

Naxos has always had a long term view. The company is confident
about what they have. The eventuality of it is that WHEN they
finally release the information everyone will come running. Even
the skeptics.

Having said that, here's hoping I am wrong and the news is out,
as you said, this morning!

GO NAXOS!

Tom



To: Tom Frederick who wrote (6286)12/4/1997 9:25:00 AM
From: Henry Volquardsen  Respond to of 20681
 
Tom, I also suspect that these people DO know what they are talking about. BUT it still makes me nervous to see posting of extreme optimism before we actually hear anything via a Ledoux certified release. I have met and spoken to a lot of Naxonians and formed a positive opinion of the credibility of these people. I have certified assays on their characters i.e. people I have known and respected long before I heard of Naxos have vouched for them. (I'll even make allowances for bond salesmen) These peopl ALL honestly believe the process works and the paid out will be high. I believe this also. That doesn't preclude the possibility we are wrong and the technology has not yet mastered microfine deposits yet. That is why I would be much more comfortable waiting for COC numbers and some hard estimates on recoverable reserves before cranking up the enthusiasm.



To: Tom Frederick who wrote (6286)12/4/1997 9:28:00 AM
From: Jerry in Omaha  Read Replies (1) | Respond to of 20681
 
Mr. Frederick;

A wry smile comes over my face just thinking about how appropriate it is
that among the small desert collection of buildings called Death Valley Junction,
California, is the Amaragosa Opera House.

In my real time fictionalization of on-going events I see everyone gathered
in the auditorium for today's performance. Backstage things are as ready
as they will ever be; all the rehearsals and practice runs are finished
and it's opening night. (And since this is also a location chosen by David
Lynch, quirky film-maker, we're opening during the day.)

We here, on the thread, comprise the Greek chorus praising and lamenting over
but ultimately having little impact or effect on the progression of the opera
and less on the actors playing their olympian roles. We are as helpless as
the general audience and reduced to (not so mute) witnesses.

With the arrival in the chorus of Snidley Whiplash 1&2 a suitably sinister
tension is created and the orchastra begins the overture. The curtain is
about to rise. Playbills are being passed out. Fat ladies are aerosoling
their throaty instruments.

How dramatic can you get! It just doesn't get any better than this.

Jerard P