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

To: KRosenfeld who wrote (10640)	3/19/1998 6:38:00 PM
From: ShoppinTheNet	Read Replies (2) \| Respond to of 20681

I am concerned that you have told Dick to sell his shares! I feel that his vast holdings hitting this stock at the opening may cause a panick of no perportions.

To: KRosenfeld who wrote (10640)	3/19/1998 7:59:00 PM
From: Richard Mazzarella	Read Replies (1) \| Respond to of 20681

Ken, you may not like Dick's methods, but his comment on valuation is on target. Last night I was going to list that as a reason why the stock is having difficulty attracting new investors, but I already had enough flames for one day. Naxos market cap is considerably above any of the other dirt's. I don't particularly like CHIP, but I bought it today because of the nice Naxos playa clay assay numbers and CHIP's current low capitalization. The relative capitalization is an issue that shouldn't be discounted so easily IMO.