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

To: Max Haber who wrote (9399)	3/4/1998 10:48:00 PM
From: mark silvers	Read Replies (1) \| Respond to of 20681

Max My friend, lighten up a little:-) I think you and SER are not altogether out of sync. Your assessment about risk and where naxos is at, is right on the money IMO. We have gone from Extremely speculative to what you term as just plain high risk on numbers that equate to less than one complete hole. SER was making the asumption that we would soon(hopefully) have numbers from multiple labs on far greater depths than what wwe currently have. Hopefully that should take another level of risk out of the picture and help to move this share price along. While that wont move us into stratopheric territory, it should provide a nice base for the share price at levels somewhat higher than we are now, assuming that the news is good. After much soul searching, I also feel much more confident about the outcome of the results that we are all so highly anticipating. If you look back over the past year and determine where your frustrations and where the accomplishments come from as it relates to naxos you will see a patttern. Almost all of the frustration and disapointment stems from the EXPECTATION of news and the TIMING of the releases. It has been, at times, excruciating. The pace and frequency of news has not been anywhere near what we all hope it would be. However, if you take a look at the CONTENT of news and the RESULTS at each watershed event, one has to be extremely happy. Naxos has cleared every hurdle in the past year with room to spare(except for electronic trading). To me, it appears that we are going through the same cycle. Wait laboriously for news, bitch and complain, then get results which range from more than satisfactory to outright outstanding. It may not be exactly the speed and frequency that we want, but if it continues, it will get us to where we want to be! This is only my opinion, but it is what I see to be the truth. Mark