To: Richard Mazzarella who wrote (8009 ) 1/13/1998 1:38:00 PM From: Lawrence Brierley Read Replies (1) | Respond to of 20681
Richard, I frequently read your posts on other SI threads and I very much appreciate your insightful thinking, clever expressions and caustic wit. On the Naxos thread ,however, at least over the past year that I have followed it, your analysis looks to me to be very subjective and there is a degree of bitterness in your posts which I don't see much in your posts elsewhere. I cannot recall ever reading positive comments about Naxos in anything you have written and I cannot believe that any objective observer could look at the company's record over the past year and not find plenty to praise. Today's post is just another example of this lack of objectivity. This should be a landmark press release not only for Naxos, but all of the desert dirts. To date none of them have been able to unequivocally demonstrate these levels of gold. more than any other development in the dd's this release puts the lie to all of the naysayers who see nothing but SCAM writ large across this whole sector. I agree with you that the release lacked clarity. However,there is nothing arcane about the essential elements of the release, the gold numbers. I want to ask you what your agenda is with Naxos. Although I am long the stock I very much appreciate your thoughtful criticism. I know you have devoted a lot of time and analysis to the dirts and you are capable of bringing alot to to the table in these discussions. Why Naxos always seems to come in for your withering and unsubstantiated criticism escapes me. If this is all springing from some sour grapes at having missed out on the ride in this stock, then I would respectfully suggest that you revisit your decision to be out of it and soon. The removal of the injunction against company employee trading later this week likely indicates that another release is imminent and this will likely show more COC gold results, perhaps from several assay labs and, more importantly, platinum numbers. So I invite you to take a little time to prepare a reasoned post for us outlining why you feel this stock is a bad bet. I am sure that others besides myself would be most thankful if we could get away from the innuendo and judge issues more on their merits. Lawrence