Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Stoopid who wrote (9682)	3/11/1998 10:13:00 PM
From: jlallen	Respond to of 20681

Citydi: 1. The origin of the doom and gloom is just too suspicious to be taken very seriously. 2. We've seen misprints on the closing numbers before. 3. Ledoux's reputation is impeccable. The PMs are there! Do not panic. Bottom line is we can't change anything anyway which is where we have been all along. I've got a good feeling and I'm hanging in there. We'll all know soon enough. JLA.

To: Stoopid who wrote (9682)	3/11/1998 10:22:00 PM
From: mark silvers	Respond to of 20681

To All Man, this thread is really hoppin' tonight...... I had mentioned earlier on this thread(about a month ago) that share price is unimportant in the short term and is a bad indicator of future events when dealing with stocks such as Naxos... Today we closed at 4.5 or 1.5 or 3.5 or 2.7, I don't really care which. I DO care about the supposed release we may have tomorrow. As I have stated before, EVENTS are far more important than share price right now. As long as we continue to make measurable progress then we will be all right. IF(big if) we report good numbers tomorrow on two complete holes, then I will be ecstatic regardless of the share price. If we report non existent numbers or numbers that are small(i.e. .04) then I will be bummed. for me, it's that simple. Multiple labs of decent to good numbers= 1 happy camper. I would also like to see some consistency between the labs, but will understand if Ledoux is a little higher since they have been using the process longer. Regarding Jimmy and Matt- At this point, we don't know if it is true or not. If it is true, it could turn out to be a real blessing. I don't say that with any disrespect to JJ or Matt intended. I say that with the hope that whatever happens, it will lead to some real mining experience and depth eventually being added to the Naxos mgmt team. That, as I stated earlier today, is my number one wish for naxos, get some experienced people on board. Hopefully, whatever happens will lead us down that path. I think that Matt and JJ have done some wonderful things for this company, but it is time to take that next step and we need people that have done it before to get us there. I want to reiterate that my saying this is NOT a condemnation of the job that those two have done, just a plea for experienced leadership. Mark