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


To: jlallen who wrote (10784)3/22/1998 1:55:00 PM
From: Tom Frederick  Read Replies (3) | Respond to of 20681
 
Mr. Allen, you bring up a good point re: current naysayers. If a person feels it important to point out the problems in the Naxos story in the face of GROWING, not shrinking evidence to the positive, I would like to have a few issues clarified.

For those who are trying desperately to push people away from Naxos, please indicate the answers to these simple questions on your next posts.

The most recent testing from Ledoux and CMRI is believable. T or F
Naxos is orchestrating the most complex gold scam in history T or F
The FL property, even if testing continues to show positive results, it just not to be believed or invested in because ____________ ?
Even with top names in mining on board, Naxos still is highly questionable because ________________.

While there are many legitimate issues on the micormanagement side of current events, the most recent releases clearly SUPPORT what Naxos has been claiming all along and support those claims with the most industry acceptable proof there is, SFA. With this in mind, some of the broad sweeping negative generalities regarding the value of the FL property just don't hold water without some clear illucidation as to WHY?

If you really want to push the problems with past management, look at it this way. You may hate Dennis Rodman. You may think he is a disgrace to the league. But he has the talent and someone will learn to work with him and enjoy the benefits of his talents on their team. In the same way, FL has the ore. It is starting to show with the newest testing that it could have HUGE potential. And no matter what your issues have been with management, if the ore is there, someone will want it. In fact if that much ore is there, almost EVERYONE will want it. And with the last numbers, it is getting less and less an issue to figure out how to mine it economically. There is no way the PM industry will let hundreds of millions or even billions of PM's sit in the ground. The PM industry needs a place to bring back the profits and heal their wounds and this property could be it for the lucky bidder.

So, for the benefit of those of us scratching our heads at the pot shots, please clarify on those questions above so we can understand where you are coming from.

Thank in advance

Tom F.