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

To: Paul Salber who wrote (9398)	3/4/1998 9:58:00 PM
From: Max Haber	Read Replies (1) \| Respond to of 20681

Paul, Naxos needs to reduce the risk, to attract new buyers. As I see it Naxos needs to provide the market with information that investors can use to justify purchases. They have come a long way but still have a long way to go. This market like all others is starving for reasons to buy a stock, any stock. They need a good reason FIRST. All investments must first fall within certain investment parameters. Some stocks like Naxos (IMHO ect.) went from being extremely-extremely-speculative to extremely-speculative to speculative and now just plain high risk. As Naxos continues prove up reserves it should attract more investment dollars as the degree of risk is reduced. An investment from a major company, institution ect. would provide the leadership that is needed. With three or so labs testing Franklin Lake ore I also am looking forward to RESULTS. Max