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

To: citydi who wrote (13914)	6/29/1998 3:09:00 PM
From: Chuca Marsh	Read Replies (1) \| Respond to of 20681

Strangely quiet here today. Mondays and rainy days, here. Chuca

To: citydi who wrote (13914)	6/29/1998 3:42:00 PM
From: Tom Frederick	Read Replies (2) \| Respond to of 20681

citydi, Everyone is waiting for the next shoe to drop. And the test program is like the millipede dropping shoes. Every new test results will create a new definitive level of reserve confirmation. Give this 10 to 15 holes and we should start to see a marked increase in activity mostly because at that point, a reserve will be outlined that is almost worth extracting all by itself. On the very positive side, it seems that many leaks have been filled since there is virtually no chatter about timing for next releases, how many holes, what results to expect etc. This is a very good sign. Now, what we need is to see more numbers with some degree of consistency. Every new set in a similar range of the last ones helps to establish the much needed credibility Naxos has been lacking for so long. My hats off to the team managing the new drill program. Keep it up... but PLEASE keep the numbers coming! Regards, Tom F.