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

To: Neal davidson who wrote (11737)	4/13/1998 3:27:00 PM
From: Tom Frederick	Respond to of 20681

Mr. Davidson, you seem to be very selective in the "current situation" category. Our current situation also includes, electronic trading, remarkably good assays using SFA, which we have never had before, and a stock price well above any of the other DD's with a whole lot less information to date and a price which in fact has been remarkably stable between $3.50 and $4.00 since the last numbers release. Maybe you would prefer the "current situation" of CHIP or IPM? Let us draw a distinction between being really happy with a stock price and being really happy about how things are progressing. It sound like you fit into one of the top categories of investors. So with a "falling stock price and inconsistent assays" why do you own Naxos? Why don't you just sell and take your lumps if you have such serious doubts? If you are still here because of the potential, then presto, we are on the same wavelength, just different stations. Tom F. By the way, Pom Poms are free to anyone who wants to pick them up out of the bin. One size fits all. The only requirement is an ability to rationally explain your enthusiasm and a willingness to consider any reasonable comment pro or con.

To: Neal davidson who wrote (11737)	4/13/1998 3:36:00 PM
From: soxan	Read Replies (1) \| Respond to of 20681

To Kim From Soxan I just dont get it a+b+c+d+e+f= G Lower priced stock,why? After all this time I just cant figure why the stock keeps sliding. Is Russ doing something different for the co. then before? Tanks Soxan

To: Neal davidson who wrote (11737)	4/13/1998 4:36:00 PM
From: jlallen	Read Replies (1) \| Respond to of 20681

Neal: Don't misconstrue my comments. I am very optimistic albeit very impatient at this point. I do believe fundamentals are being built and recent changes (information flow and management) are positive. My frustration lies in having only 1-1/2 holes done at this point. Logic would dictate that there MUST be something the company can do to expedite the assays however, I am told I am wrong on that point. That is disappointing but if you take a longer term view, in the end we should all come out just fine. Math isn't my strong suit but it seems to me if you extrapolate the numbers we do have over the playa to a depth of only 300 feet we are talking 280 million ounces of gold. That's a lot and failing further significant erosion of share value, probably something I',m willing to wait at least a few more months to see. JLA