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

To: jlallen who wrote (11796)	4/14/1998 4:45:00 PM
From: Jan A. Van Hummel	Read Replies (1) \| Respond to of 20681

JLA I have no disagreement with you on this. Was the original euphoria based on the "exceptional" quality of the dirt, we are now looking at a potentially "exceptional" quantity of the dirt. IMO the current results are rather favorable. However, only the absolute size of the field will determine where we will be heading. Extrapolation of hole 5 results may give us a warm feeling. Hard numbers though will tell us how much that will mean in our pocket. That very process can still take appreciable time and since the company will soon be in need of cash we should expect to see some PP announcements before too long. Despite the recent, sometimes no so subtle changes, Naxos remains a highly speculative stock and we should never forget that. JMHO Jan