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

To: Jerry in Omaha who wrote (6579)	12/7/1997 9:35:00 AM
From: Carlo	Read Replies (1) \| Respond to of 20681

Thanks H.L. and all you other shorts, I feel much more confident about the long term potential of Naxos than I did before you guys showed up. All my apprehensions about holding long now have been mitigated by the thorough responses to you negative attacks. Thanks again. You shorts are really going to get burned if you don't cover soon. You might survive until Ledoux releases, but after that your last airplane engine will fail.

To: Jerry in Omaha who wrote (6579)	12/7/1997 2:05:00 PM
From: Tom Frederick	Read Replies (4) \| Respond to of 20681

To All: Can we get back to basics here? It is crucial that we continue to come back to what Naxos "is" in order to form a clear picture about what Naxos "might become". In short, Naxos is... ...a company that has spent over 7 years, millions of dollars, and countless hour searching for the key to unlock the mystery of this complex ore body. ...a company that, when on the verge of offering the first level of real proof of the existance of PM's at the property, was deliberately and directly attacked by the ASE forcing a halt in trading pending a bogus "investigation". ...a victim of deliberate minipulation by certain entities surrounding the ASE who very likely have been caught with large numbers of shares shorted BEFORE the halted trading in Canada (and who might still be trying to cover anyway they can) ...a company that survived almost a full year of ASE scrutiny, with all but one "charge" dropped, regained a spot on the ASE and then voluntarily delisted itself. ...a company that the president of the ASE admitted has proven gold in its ore. ...a company that managed to gain sufficient confidence by NASDAQ to allow for bulletin board trading EVEN AFTER THE ASE ISSUE which is EXTREMELY unusual (rarely would a stock with problems on an old exchange be able to list on another) ...a company that has PROVEN with COC numbers gold equivelant of .25 opt in an ore body estimated to be 2.5 billion tons and possibly much more. (which already would make this the richest PM deposit ever!) ...a company that has managed to get the attention of one of the finest assay labs, the best drilling company, and the top expert in the specific area of complex ores and keep their attention. ...a company that has VOLUNTARILY stopped all trading by management until AFTER the next and most important news release in the history of the company to date (eliminating the opportunity for anyone inside the company to "get out" should the results be poor) ...a company that has been able to raise relatively large sums of money when the DD issue is far from "proven" ...a company that has committed large sums of money for a bulk facility even before this all important release has been issued. and finally, ...a company that, when final proof of the size and scope of its deposit is absolutely proven, will benefit the world in ways we have yet to even consider and hurt a select few who have their fortunes tied to short supplies of specific precious metals. If this is how a company runs a scam, they are doing it very poorly. If this is how a company plows ahead through every adversity possible to prove what they know to be true, they have done it with courage and committment many of us wish we had for much more mundane issues. As Mark has said, you must all come to your own conclusions. I have come to mine and have outlined why above. Attack any issue you wish. None of what I have said is false or misleading. However, the final conclusion is pure opinion. We don't have long to go, but for those on the losing side of the equation when Naxos proves out, they will show up with more and more wild accusations with every day that passes. Read carefully, think carefully and decide. Regards to all Tom F.