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

To: Random Walk who wrote (11757)	4/13/1998 6:17:00 PM
From: jlallen	Respond to of 20681

Good certified numbers yes but only 1-1/2 holes. We need the rest of the data hopefully with multiple verifications. Remember BRE-X? Now Naxos is no BRE-X don;t get me wrong, but I think we are still suffering the hangover effect from that debacle. With the market so hot why take a chance on Naxos at this point? We need more data with multiple verifications and a financial partner to really move the stock. That will bring the new money we need. I believe management appreciates these points as well. In time we should be OK. JLA