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

To: Henry Volquardsen who wrote (12064)	4/20/1998 1:42:00 PM
From: Tom Frederick	Read Replies (1) \| Respond to of 20681

Here come the nervous nellies selling. Back to $2 7/8. Just one more reason why we can't get ahead of ourselves here when the stock moves in either direction based on no new information. When the other 3 1/2 BD holes come out, and the new holes from the expanded drill program start to get tested, and we move THEN, at THAT point there will be a great reason to get excited. Of course I am assuming the new testing will continue to come up with similar numbers as the last Ledoux results. Based on the article in the Times over the weekend, I think the majors will be watching for any promising high potential volume, low cost property for PM extraction. Our timing might be just perfect! Lets get those drills running and assays coming. Tom F.