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

To: Graystone who wrote (6392)	12/4/1997 10:38:00 PM
From: Eric Tai	Read Replies (1) \| Respond to of 20681

Graystone, I have tripled my money in Naxos so far. (I am not smart enough to buy at $1). I recently sold some shares and recouped all my original capital plus some profits. I am having a free ride for the rest of my Naxos. If it really craps out, that's what will happen with speculative stocks and at least I keep some profits. If it works out, then I will have more profits. Actually I have to admit that I lost money on the other conventional junior mining stocks that no one is crying scam. But for a speculator, a loss is a loss and a win is a win --- scam or no scam.

To: Graystone who wrote (6392)	12/4/1997 11:30:00 PM
From: Doug Meetmer	Read Replies (2) \| Respond to of 20681

Look, As Eric mentioned, we are aware of the information that you posted. The bottom line is that Ledoux and Co. is reputable and they would not falsify information or release data that would in any way smear their reputation. It wouldn't matter if part of the recovery process was to wave a magic wand over the soil. As long as Ledoux feels comfortable releasing the data, then I feel comfortable owning shares of Naxos. That is why all of us are sitting on the edge of our seats waiting for the COC data to be released. Believe me, we all know the risks. Doug