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

To: Richard Mazzarella who wrote (13558)	6/15/1998 8:58:00 AM
From: Jerry in Omaha	Respond to of 20681

To All: This morning on the IPM thread Mr. Metals posted: <<Equity markets around the world crashed last night. The S & P Futures are down a whopping 13 points so far. It's not going to be a pretty day.>> I was happy to see thread contributions noting that for the first time our value steadily has increased after a release of good news. For me this signifies a fundamental correction in the overall market evaluation of Naxos of which our share price is but one component. If our price continues to go up today in spite of the market ugliness Mr. Metals opines, my already high confidence level will ratchet up one more notch. In all the bickering about the private placement I saw no reasonable ideas or speculation on what the extra money was for. First look at how many ways we can spend our money and then try to figure out where the dough might be headed. I can think of four things we expend funds for; men, measurements more money and machines. Jerard P