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

To: KRosenfeld who wrote (10539)	3/18/1998 8:37:00 PM
From: Paul Salber	Read Replies (1) \| Respond to of 20681

Ken, Great question.... what it would take to convince non-believers that Naxos is for real I've been wondering that for a while now and feel that for anyone (outside of this thread) to believe is just some movement in the stock. Problem is, this will only happen when a/some institutions begin to move on it. Once the ball begins moving, it will continue. I've told many friends and associates about the stock and our recent press releases. The first question they always ask is "what is the stock doing " ? Until it starts to make it's move, we will all have to wait for the ship to leave the dock. What will need to happen first, however, will be : (nothing that hasn't been said before) * Financing * Electronic trading * resolution of the ASE/ASC issue * MORE NEMBERS Then we'll be on our way to triple figures Paul

To: KRosenfeld who wrote (10539)	3/18/1998 8:49:00 PM
From: Richard Mazzarella	Read Replies (1) \| Respond to of 20681

Ken, Naxos is as real as any of the other dirt's. All the dirt's can make a case for significant quantity of metal in the ground. Does COC mean much for stock price? Maybe that's just confirmation for previous speculation? Speculation already had us believe management, or not. The complex ore of the dirt's doesn't let us do property valuation by metal in the ground calculations. A valuation and mine still requires the demonstration for economic recovery. That's been the weak spot for these companies. A plant is being built doesn't answer the question, only the results. GPGI has one with 3-8 OPT ore, CHIP built 2 and is working on funding for a third. Maxam is building a plant at Peoria Seven and another plant milling operation for others. Make a plant seems to be the fashionable thing to do it seems, but as a researcher, I could better understand simple laboratory experiments that demonstrate extraction cost long before anyone needs to build a factory. Maybe in generation X language a mining laboratory is a plant?