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

To: Ed Huang who wrote (9072)	2/13/1998 4:06:00 AM
From: Kurt R.	Respond to of 20681

>P.S. Hey your last name is missing. Do I talk to the same Kurt I did before?< I'm the same Naxonian and Argonaut I was two years ago. Kurt

To: Ed Huang who wrote (9072)	2/13/1998 9:13:00 AM
From: Jim	Read Replies (3) \| Respond to of 20681

To All, I know that this is a thread for Naxos, but why is IPM being delisted ? I guess in theory that comparing IPM to Naxos is like comparing apples to oranges, but as two DD companies I think it is a negative happening for Naxos as well...I guess now we'll just have to wait and see what the impact will be. On the Johnson/Lett methodology: I will admit that last year when the announcement was made regarding the exclusive option on the process I thought we had hit a "grand slam". I thought, even if FL doesn't prove up to it's billing that the "process" could make up for it 100 times over. What an excellent move by management I thought - Lock up the rights to the "key". Today, the verdict on the ability to patent the technology is being questioned. Again, what an excellent move by the management of Naxos to extend the evaluation period. Bring in more experts to evaluate and educate you on the make up of your property, while continuing to forge ahead with assay replication from several independent labs. Good job Naxos...no GREAT job. As I read this thread and all of the many concerns/doubts that people are expressing I can't help but to say that to me the management has been improving with the maturity of the company. Take a look at the updated web page. Very professional appearing and conservative...no hype. Review the most recent news release. Straight forward, informative, concise and again...no hype. After the lifting of the trading ban did we see a rush for the exit door ? No, we did not. When Naxos and Ledoux ran into complex deposits that they were having trouble with, what did management do ? They brought in more experienced mining people to help analyze the situation. Naxos has moved forward with more permits and an expanded drill program, they have ordered high dollar mining equipment. And let's not forget the most recent PP at $ 6.00 per share, when only last summer the PP was at only a $ 1 or so. Make no mistake, it is the management that has brought Naxos to this point and no one else. Now we have to trust that the management will continue to take us all to where we wish to be. If Naxos does fail, and I hope of course that they do not, I don't think it will be from a lack of effort on their part. God, just think back to your first time doing anything or maybe your first job...didn't you ever make mistakes ? But you learned from them and continued on...that's what counts, no one is perfect. A good management team will make mistakes from time to time. Why ? Because they are taking risks. And to be greatly successful you have to take risks along the way. Sorry to ramble, but give these guys a break. Keep the faith all... Jim