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

To: Larry Macklin who wrote (8033)	1/13/1998 12:17:00 PM
From: Henry Volquardsen	Read Replies (3) \| Respond to of 20681

Larry, I think you hit it right. This is great news. Yes it would be nice to get a quicker response but we have to realize that despite the fact that we as a group have been intently focused on Naxos the rest of the investing community hasn't shared our obsession. The word will get out. I spoke to three friends this morning who are all seriously involved in the gold business. All I had to do was mention Ledoux certification and chain of custody in excess of 1 and they got very interested. They didn't run right out and buy but they started doing research. I didn't even have to mention anything about platinum or 2.56. The base number and Ledoux certification got them interested enough to start doing their research. The buying will come in due time. Also if I can make one comment from the perspective of being a professional trader. Dealing with success is more emotionally taxing than dealing with hard times. It is easy to grit one's teeth and determine you are right and stick it out when you believe you have found something others have not. It is when others start finding out that you are right and the trade starts moving your way that things get tougher. When you have the markets money in your pocket the real emotional roller coaster begins. The reason many people fail as traders is that they ride their losses and cut their profits to soon. The difficulty in emotionally handling success is why. As we move forward from here after years of perserverance the toughest thing to do will be to stay in this trade when we have some of the market's money in our pockets. Emotional balance is going to be vital. Henry