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


To: BGM who wrote (17315)12/18/1998 9:07:00 AM
From: mark silvers  Read Replies (2) | Respond to of 20681
 
Brad,
I am not saying that I know. I clearly don't. In fact, I told you that I would like to know. Like anything else in this world, I have preferences as to which subjects I want to know more about,and there some that I dont care about. That is human nature. I DO care about the LeDoux situation and want very much to know what happened. I can also easily think of many reason why that might no be viable at the moment.

The other subjects I dont care nearly as much about, some even less than others. The FACT, is that in any stock youcan think of, any point in their evolution, You will never know everything. In fact, you will be in the dark about most things. As far as mining is concerend, and jr mining in particular, you will normally know much less with more mainstream companies.

That doesnt mean it is wrong to want to know more, or even to try to find out more. I certainly dont have any problem with that. the problembecomes, that when you have SOME information, people draw different conclsuions. That is a given in any situation. People draw inferences. Personally, my inference, based on dmittedly incomplete information, is that J/L have NOTHING to their process, and that they view naxos as a meal ticket and way to make back some of their investment. That is my INFERENCE, and I feel very strongly about it(as you may have been able to tell:-) )

Mark



To: BGM who wrote (17315)12/18/1998 10:33:00 AM
From: Tom Frederick  Read Replies (1) | Respond to of 20681
 
Brad, The expression "beating a dead horse" comes to mind here. We are all acutely aware of your desire to get more information. Many here agree that we should have more information. But so far, in all of this debate, I haven't seen management leaping to our assistance to give us all the answers we want.

This will not likely change. So give it a rest for now. If you are not satisfied, write, e-mail, telegram, FedEx or visit management and get the answers directly. For now, Naxos has chosen a course of action and there is nothing that will be said, done, organized, or smoked that will change that.

Naxos is not an aberration in the world of junior exploration companies. It is quite the norm in its level of reporting. This does not make you, me or many others happy. But some will choose to take the good with the bad in a high risk high reward investment gamble.

Good luck getting the answers from management, but please stick to your word and let's drop these subjects for now. In the mean time maybe Kim will be able to fill in more technical gaps for us to help everyone understand a little better where we are and where we are going.

Tom F.