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

To: Jim who wrote (11323)	3/31/1998 9:58:00 AM
From: Tom Frederick	Respond to of 20681

Jim, my thoughts exactly on both your points. On Naxos first, the last testing from Ledoux and CMRI has provided a whole new baseline for Naxos. Much drilling needs to be done, but certainly, if it stays on a similar range of opt results, the "largest" story will become big news in the market. But that picture needs to be drawn with lots of drilling and lots of assays. Naxos has set the wheels in motion to accomplish exactly that...4 labs, more drilling to start soon. As far as Maryann, my sentiments exactly. But you will have a hard time convincing Mark and Jason. But Henry on the other hand, should be easier to sway from Misses Howell. Tom F.