To: Richard Mazzarella who wrote (10454 ) 3/18/1998 10:44:00 AM From: Tom Frederick Read Replies (3) | Respond to of 20681
Mr. M. My problem is the consistency and motivations. Here is your post # 30989 on the IPM thread "Larry, I really like your posts. Your insight is delightful. <<How many times can you go to the well?>> Until it goes dry. I have used the word bet, not invest, with IPM. I still keep coming back to something as simple as dirt. Maxam insiders believe that IPM has good dirt. If we believe Maxam on the Maxam properties, why should we doubt IPM dirt? My bet is on Doyle getting funding." And I believe that at least some of your posters at IPM have also seen some positive news coming out of Naxos, but your leap of faith between the Maxam and IPM properties doesn't seem to apply to Naxos! This is GREAT news and you know it. Your problem is with me, (lets be honest) jumping on obviously empty pot shots at Naxos that do not relate to actual events but to what you may feel just might maybe happen or relate to some issue so minor as to have little or no impact on eventual success of the property. The facts are speaking more clearly with each release that Naxos has the goods, but your comments rarely comment on the positive information. Like today for example, you comment that the 3 opt results could be a "market problem" because it was for IPM. There is a HUGE difference. The Naxos numbers were certified and Naxos did not hype or use this one number to oversell the stock. It was only a single result, which was followed up with another COC certified release from Ledoux at .95, 1.7 and 2.5. Was the 3 OPT way out of that park? I think not. Mr. Mazzzarella, we are coming to the next chapter in the Naxos story and that is clear. Legitimate questions and concerns on your part are always welcome, but lets give credit were credit is due. And there is much credit due Naxos based on these last two releases. Respectful regards, Tom F.