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

To: Anne Lamb who wrote (9522)	3/10/1998 2:49:00 PM
From: Tom Frederick	Respond to of 20681

Anne, interesting random thoughts. And I agree with many of your points. As far as the market perceptions, I think a big release will get past any old baggage because at that point, the metal is the story and not the ASE or management. As far as the "huge" release goes, I think that Kim made it pretty clear that this is exactly what Naxos has in mind. 5 labs, two holes, top to bottom, 12 numbers in each hole and if they can get more than one metal, yes that is huge. I certainly hope they do make a release in the a.m. before the market but not so that people can't think about the purchase, but instead so that maybe some larger potential investors have all morning to sit and think and worry about getting in too late and then jump in helping the momentum. It doesn't seem likely that Naxos will wait another week, so my guess is that this week looks more likely than ever. So long as the release is handled as well as the last one. Clearly written, easy to follow, even if you don't understand mining to any great degree. Good luck on your next order. If you want to get it filled, this week may be it before Naxos gets too pricey! Regards, Tom F.