Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Whomerun who wrote (8061)	1/13/1998 5:54:00 PM
From: citydi	Read Replies (1) \| Respond to of 20681

Hi Whomerun, I agree, this is unbelievable!! Maybe we would be better off if we never again got news, just rumors! Citydi

To: Whomerun who wrote (8061)	1/13/1998 6:24:00 PM
From: Kim W. Brasington	Read Replies (2) \| Respond to of 20681

Whomerun: I'm here now :0) I got back from a graveyard shift, having left for work just after the news release was put on the thread. I got some sleep (I don't like to write after not having slept for over 24 hours) after I got home today. In the market place there is a period of time that I call "digestion", that takes place. Most of the folks on this thread seem to have already digested the implications of high numbers. The marketplace that is not yet aware of Naxos will be digesting and absorbing information as consecutive assays come out from multiple labs. Anything above .5 ounces per ton/Au will get people's attention. Naxos has set up the structure using COC multiple lab references, so that the transition stage from incredulity to credulity will be minimal for persons/institutions interested in getting into this equity. It took me two months of due diligence before I bought my first shares of Naxos. I expect that there will be many persons who will begin to look seriously at Naxos, now that we have these COC high numbers. Regards, Kim W.

To: Whomerun who wrote (8061)	1/13/1998 6:42:00 PM
From: Henry Volquardsen	Read Replies (4) \| Respond to of 20681

Does anyone have a clue what its going to take to get this stock moving towards its high? time and patience. As I posted earlier this is a very, very narrowly followed stock. I wouldn't be surprised if the posters on this thread represent a good size representation of the shareholders. We have all been so focused on this for so long and have gotten ourselves pretty close to fully invested. There is probably very little new buying power left among the investors who already own this stock. The key will be educating new investors, especially institutional investors. Now that we really have something real to point to Investor Relations can start educating new potential shareholders. But this is going to take time. Most of these investors have no idea who or what Naxos is so had no reason to be looking for the numbers. This will change over the coming weeks as the news gets out. Add to that additional numbers from other labs and the production assay and the story will build and spread. But it takes time. I'll tell you aboutfew conversations I had today. All went essentially the same. These guys are long time participants in the gold markets with very prestigous firms, very recognizable. I work with all these guys. I opened with the question "do you know Ledoux?" Response sure I do. I ask "are they reputable?" Answer of course, they are very good and have an excellent reputation. I asked "what would you say if I told they just certified assay results that showed opt in the 1 to 3 range?" All laughed and said essentially the same thing " Ledoux will just assay whatever you give them. Bre-X was certified." also said "those numbers are off the board." So I asked "do you think the material was saltd?" Answer, yes. I then asked "what would you say if I told you the certified assays were done on material provided under chain of custody by Behre Dohlber who did all the driling and preperation of the material?" At this point all of them were speechless and their eyes got as big as saucers. They took down the name of the stock and said they would look into it. But none of them bought today as they will continue to do there own investigation. The importance of this story is to show that this is a story that on casual viewing many will find difficult to believe. It will take time for people to get comfortable with the story and get prepped to buy. As we get a higher profile this is going to become even more difficult to trade. Once the entrenched mining interests feel threatened we are going to get all sorts of rumours, snide comments and attacks comparing us to Bre-X. There will be a lot of people with a lot to lose and they won't go quietly. The company has been doing the right thing in lining up the numbers before raising the profile. But get ready, it will be wild. These people will make HungryLion seem like a pussycat. Henry