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

To: GlobalMarine who wrote (8192)	1/15/1998 7:42:00 PM
From: RRG	Read Replies (2) \| Respond to of 20681

For what it's worth: Among some Naxonians there has been great disappointment that the stock did not experience a meteoric upward rise after the last announcement. As we humans have the ability to explain and justify anything and everything that happens, permit me to share my scenario (and I am sure some comments have been made before by others--so please forgive some unintended plagiarism): 1. Naxos is almost invisible on the financial/investment scene right now. If you asked 1,000 people who consider themselves "investment savvy" , "Who is Naxos?", you may get a few people who would guess that with a name like Naxos it has to be a software company. Maybe one would know that Naxos is a mining company (more accurately-- is trying to become a mining company). We who have been living with this adventure for varying numbers of years have developed a very introverted view. We who visit this thread several times a day, read every message, emotionally and financially experience every up and down and sometimes upset our sleep patterns----we lose our perspective. Look people, at the present time, we are not even a BLIP on the radar investment scene! 2. The faint aroma of "SCAM" still lingers over the gold scene; and it's quite possible traditional gold mining companies who see the likelihood of a whole new technology that could very possibly destroy them actively supporting the "discrediting process"---with the helpful assistance of David Baines and company. 3. We somehow developed a "lottery" mentality: just one more news release and the stock is going to explode upwards into the stratosphere. Whew!!! The winning ticket!!! Conclusion----- 1. Dreamtime is always shorter than realtime. 2. Wonderful progress and accomplishments have brought us to this moment in time. 3. Per others, some members of the investment community are beginning to sniff. Remember, if they see a stock with the potential of going to 3 digits, they don't really care about getting in at bottom dollar--they want in when the risk factor is diminished...and when will that be? .......WHEN THE PILOT PLANT IS UP AND RUNNING AND PRODUCING PRECIOUS METALS. AND THEN, FRIENDS, YOU WILL SEE SPECTACULAR PRICE MOVEMENT. JMHO Bob Goldstein