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

To: Henry Volquardsen who wrote (13109)	5/23/1998 11:36:00 AM
From: Richard Mazzarella	Read Replies (1) \| Respond to of 20681

Henry, although we have differences in investing philosophy, we have a lot more in common than not. I can't wait for the day when these dirt's get the respect and value that will surly come. I stand and invest as you argue for the companies represented in the XAU, also value play jrs. like SSRIF, RIC, and many others. Naxos is in a considerably better value position to that end today than a year ago. Potential stock price and value don't necessarily go hand in hand. However, they do at the "end of the day". The time to buy is when price is low and there is nowhere to go, but up. IMO the poorer than speculated assays is the current stock's pressure, that's just based on the "value". However, I see a potential that will allow recovery to realize OPTs closer to previous speculation. I have seen lots of data from other dirt's where a head ore fire assay of 0.05 OPT can have recoveries 0.5 OPT or greater depending on process. I know it can be done, I believe it. Once the world starts to believe it, that's when we see double digit prices again IMO.