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

To: Richard Mazzarella who wrote (8180)	1/15/1998 4:05:00 PM
From: Jan A. Van Hummel	Respond to of 20681

Valid point. The lack of electronic does inhibit greater activity. I, for one, would have traded in and out were it not for the excessive spread at times and the inability to monitor whether you are being screwed or not. It is both an entry barrier and an exit barrier and as such helps no one. At the same token I do understand that at this time there are more important issues to be addressed and a formal application for listing will have to wait until Naxos' viability has been adequately substantiated. It will come, but in the meantime we have to deal with the inadequacy of the system. I venture to say that if the stock were finally listed we would not see some of the posts we are seeing now. JMHO Jan