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

To: ShoppinTheNet who wrote (9549)	3/10/1998 10:20:00 PM
From: Larry Brubaker	Read Replies (1) \| Respond to of 20681

Where are the two head cheerleaders, anyway? They've been awfully quiet the last couple of days.

To: ShoppinTheNet who wrote (9549)	3/11/1998 8:52:00 AM
From: Henry Volquardsen	Read Replies (1) \| Respond to of 20681

Et tu, Mr 2? In the interest of full disclosure and in response to your post, I have not purchased any NAXOF since early this year and have been on the sidelines. I have in fact been actively involved with two other stocks that are even weirder than Naxos (believe it or not). I do however intend to buy more at some stage probably in the not to distant future. The timing depends entirely on the flow and quality of information we have coming. For anyone who cares, I believe the current stock weakness is the direct result of growing disappointment and frustration with the apparent lack of information (I'm the master of the obvious). However I do believe the company is moving on this issue with all due diligence. This type of analysis takes time. The problem has been that expectations have been inflated by various rumours and whispering campaigns. I have said before and will repeat, this childish desire for a constant stream of ego gratifying and fanciful rumours about untold riches dropping in our laps has set up premature expectations that will only result in unsophisticated investors making bad decisions (in either direction). If we had not had these stupid rumours constantly flying around we would not have the stock be so vulnerable now. Trust me on this, I have traded professionally for over 20 years and I have seen this hundreds of times in various markets and have learned my painful lessons. The individuals on this thread who keep pleading for more gossip, no matter how well intentioned they may be, are doing themselves a great disservice. And as I have said before, if there are any company sources that are responsible for feeding the rumour mill with false expectations steps should be taken at a minimum to shut them up. This is not a game it is business. I have spent a lot of time trying to learn as much as I can about Franklin Lakes. I am convinced it is an exciting and valuable geological formation. But it is not simple and it takes time to unlock the puzzle. I am very confident that we are moving in the right direction on this. But remember "He that would have cake from wheat must tarry the grinding"