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

To: Tom Frederick who wrote (13037)	5/19/1998 2:31:00 PM
From: Richard Mazzarella	Read Replies (1) \| Respond to of 20681

Tom, <<heavier than usual volume>> We need that to validate the bounce. As soon as the market becomes convinced that we aren't going lower, I expect a return to around $3 until fundamentals move us one way or the other.

To: Tom Frederick who wrote (13037)	5/19/1998 7:23:00 PM
From: knight	Read Replies (3) \| Respond to of 20681

Tom and all: >>>Let's remember though, any new release using SFA will very likely continue to be in these same ranges and that is GOOD!<<< Couldn't agree more. At one time I thought this stock was a scam, considering the various assay and recovery methods that Naxos came up with, all producing those weird and wonderful numbers that couldn't be duplicated by reputable labs. We now have SFA producing results that are much more believable along with an aggressive drill program underway. There are still questions and concerns in regards to the viability of FL, but all projects have various hurdles to overcome. Best of luck to all. BTW, I know Henry has taken some flack over the last few days from various corners, but believe me everyone, this guy is a real credit to this thread! I can't quite forgive him for HL's demise, but then, nobody's perfect ;-))